Virgin Wines UK (LON:VINO) Announces Quarterly Earnings Results

Virgin Wines UK (LON:VINO) issued its earnings results on Wednesday. The company reported GBX 1.60 ($0.02) earnings per share for the quarter, Digital Look Earnings reports. Virgin Wines UK had a return on equity of 5.99% and a net margin of 2.34%.

Virgin Wines UK Stock Down 6.1 %

Shares of Virgin Wines UK stock opened at GBX 46 ($0.60) on Wednesday. Virgin Wines UK has a twelve month low of GBX 30 ($0.39) and a twelve month high of GBX 50 ($0.65). 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’s 50 day moving average is GBX 37.42 and its 200 day moving average is GBX 36.70. The company has a market cap of £26.03 million, a price-to-earnings ratio of 19.03 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.