Various Eateries (LON:VARE) Hits New 52-Week Low at $49.50

Various Eateries PLC (LON:VAREGet Rating) shares hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 49.50 ($0.60) and last traded at GBX 49.95 ($0.61), with a volume of 36541 shares trading hands. The stock had previously closed at GBX 53 ($0.64).

The firm has a 50 day simple moving average of GBX 56.35 and a 200 day simple moving average of GBX 64.31. The company has a current ratio of 0.92, a quick ratio of 0.87 and a debt-to-equity ratio of 153.73. The firm has a market capitalization of £44.46 million and a PE ratio of -11.09.

About Various Eateries (LON:VARE)

Various Eateries PLC, together with its subsidiaries, owns, develops, and operates restaurant and hotel sites in the United Kingdom. It operates in two segments, Restaurant and Hotel. The company operates two brands across 13 locations, which include Coppa Club, a multi-use, all-day concept that combines restaurant, terrace, café, lounge, bar, and workspaces; and Tavolino, a restaurant for Italian food.

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