Gusbourne (LON:GUS) Stock Price Down 1.3% – Should You Sell?

Gusbourne PLC (LON:GUS)’s share price dropped 1.3% during mid-day trading on Friday . The stock traded as low as GBX 0.76 ($0.01) and last traded at GBX 0.76 ($0.01). Approximately 18,500 shares changed hands during mid-day trading, a decline of 85% from the average daily volume of 119,959 shares. The stock had previously closed at GBX 0.77 ($0.01).

Gusbourne Price Performance

The company has a 50 day moving average price of GBX 3.42 and a 200-day moving average price of GBX 23.95. The company has a quick ratio of 2.55, a current ratio of 9.67 and a debt-to-equity ratio of 269.00. The company has a market cap of £468,647.43, a price-to-earnings ratio of -0.14 and a beta of 0.31.

About Gusbourne

Gusbourne produces and distributes a range of high quality and award winning vintage English sparkling wines from grapes grown in its own vineyards in Kent and West Sussex.

The Gusbourne business was founded by Andrew Weeber in 2004 with the first vineyard plantings at Appledore in Kent. The first wines were released in 2010 to critical acclaim.