Virgin Wines UK (LON:VINO) Stock Price Breaks Above 50-Day Moving Average – Time to Sell?

Virgin Wines UK PLC (LON:VINO) shares crossed above its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of GBX 25.38 and traded as high as GBX 26. Virgin Wines UK shares last traded at GBX 26, with a volume of 90 shares trading hands.

Virgin Wines UK Stock Performance

The company has a debt-to-equity ratio of 6.88, a quick ratio of 1.02 and a current ratio of 1.38. The business’s fifty day simple moving average is GBX 25.38 and its 200-day simple moving average is GBX 37.56. The firm has a market capitalization of £12.22 million, a PE ratio of -12.23 and a beta of 1.05.

Virgin Wines UK (LON:VINO) last released its quarterly earnings data on Wednesday, October 21st. The company reported GBX (2.10) earnings per share (EPS) for the quarter. Virgin Wines UK had a negative net margin of 1.69% and a negative return on equity of 5.03%. As a group, equities research analysts expect that Virgin Wines UK PLC will post 3.64 EPS for the current year.

Virgin Wines UK Company Profile

Virgin Wines is one of the UK’s largest direct-to-consumer online wine retailers. It is an award-winning business which has a reputation for supplying and curating high quality products, excellent levels of customer service and innovative ways of retailing. The Company, which is headquartered in Norwich, UK, was established in 2000 by the Virgin Group and was subsequently acquired by Direct Wines in 2005 before being bought out by the Virgin Wines management team, led by CEO Jay Wright and CFO Graeme Weir, in 2013.