Various Eateries (LON:VARE) Stock Price Up 14% – Still a Buy?

Various Eateries PLC (LON:VAREGet Free Report) shares were up 14% during trading on Monday . The company traded as high as GBX 12 ($0.16) and last traded at GBX 11.97 ($0.16). Approximately 4,515,000 shares changed hands during mid-day trading, an increase of 3,022% from the average daily volume of 144,596 shares. The stock had previously closed at GBX 10.50 ($0.14).

Various Eateries Stock Performance

The company has a debt-to-equity ratio of 116.95, a current ratio of 0.63 and a quick ratio of 0.67. The business has a 50-day simple moving average of GBX 10.68 and a 200 day simple moving average of GBX 12.22. The firm has a market cap of £20.95 million, a PE ratio of -11.97 and a beta of 0.12.

Insider Buying and Selling at Various Eateries

In other Various Eateries news, insider Hugh Osmond acquired 250,000 shares of the company’s stock in a transaction dated Friday, September 19th. The stock was purchased at an average price of GBX 10 per share, with a total value of £25,000. 68.12% of the stock is currently owned by company insiders.

About Various Eateries

(Get Free Report)

Various Eateries plc is passionate about creating unique experiences for modern consumers.

The core brands of the Group are Coppa Club and Tavolino. Coppa Club is a multi-use all day concept that combines a restaurant, café, lounge, bar and workspace, whilst Tavolino aims to address a gap in the market for high quality Italian food at mid-market prices.

Further Reading

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