Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Virgin Wines UK PLC ( (GB:VINO) ) just unveiled an update.
Virgin Wines UK plc has repurchased 75,000 ordinary shares at a volume-weighted average price of 53.75 pence per share under its ongoing share buyback programme, with the newly acquired shares to be held in treasury. Following this transaction, the company’s issued share capital stands at 55,972,405 ordinary shares, of which 5,563,645 are held in treasury, leaving 50,408,760 ordinary shares with voting rights, a figure shareholders are advised to use when calculating disclosure thresholds under UK transparency rules.
The most recent analyst rating on (GB:VINO) stock is a Hold with a £56.00 price target. To see the full list of analyst forecasts on Virgin Wines UK PLC stock, see the GB:VINO Stock Forecast page.
Spark’s Take on GB:VINO Stock
According to Spark, TipRanks’ AI Analyst, GB:VINO is a Neutral.
Virgin Wines UK PLC’s stock score is driven by mixed financial performance and technical indicators suggesting short-term bullish momentum. The valuation is moderate, but the lack of a dividend yield and challenges in revenue growth and cash flow consistency weigh on the score.
To see Spark’s full report on GB:VINO stock, click here.
More about Virgin Wines UK PLC
Virgin Wines UK plc is one of the UK’s largest direct-to-consumer online wine retailers, focusing on selling wine directly to customers via digital channels. The business operates in the e-commerce alcoholic beverages sector, leveraging its online platform to reach consumers nationwide with curated wine offerings.
Average Trading Volume: 55,574
Technical Sentiment Signal: Buy
Current Market Cap: £27.14M
See more data about VINO stock on TipRanks’ Stock Analysis page.