Various Eateries (LON:VARE) Shares Down 0.4% – Should You Sell?

Various Eateries PLC (LON:VARE) shares dropped 0.4% during trading on Tuesday . The company traded as low as GBX 12 and last traded at GBX 12.95. Approximately 1,000,487 shares traded hands during mid-day trading, an increase of 747% from the average daily volume of 118,176 shares. The stock had previously closed at GBX 13.

Various Eateries Price Performance

The company has a 50 day moving average of GBX 11.71 and a two-hundred day moving average of GBX 12.11. The firm has a market cap of £22.67 million, a P/E ratio of -12.95 and a beta of 0.12. The company has a quick ratio of 0.67, a current ratio of 0.63 and a debt-to-equity ratio of 116.95.

Insider Activity

In other Various Eateries news, insider Hugh Osmond bought 250,000 shares of the business’s stock in a transaction that occurred on Friday, September 19th. The stock was acquired at an average cost of GBX 10 per share, with a total value of £25,000. 68.12% of the stock is owned by corporate insiders.

Various Eateries Company Profile

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.