Virgin Wines UK (LON:VINO) Sets New 1-Year High – Here’s Why

Shares of Virgin Wines UK PLC (LON:VINO) reached a new 52-week high on Monday . The stock traded as high as GBX 50 ($0.65) and last traded at GBX 49.50 ($0.64), with a volume of 14649 shares changing hands. The stock had previously closed at GBX 49.20 ($0.64).

Virgin Wines UK Stock Performance

The stock has a fifty day simple moving average of GBX 36.75 and a 200-day simple moving average of GBX 36.61. The company has a quick ratio of 1.02, a current ratio of 1.80 and a debt-to-equity ratio of 11.72. The company has a market capitalization of £28.02 million, a P/E ratio of 20.48 and a beta of 1.18.

About Virgin Wines UK

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.