Naked Wines (LON:WINE) Shares Break Below 50 Day Moving Average – Here’s Why

Shares of Naked Wines plc (LON:WINE – Get Free Report) passed below its 50-day moving average during trading on Friday. The stock has a 50-day moving average of GBX 69.54 and traded as low as GBX 64. Naked Wines shares last traded at GBX 64, with a volume of 6,715 shares trading hands.

Naked Wines Stock Performance

The company has a current ratio of 1.53, a quick ratio of 0.28 and a debt-to-equity ratio of 7.62. The business has a fifty day moving average of GBX 69.54 and a 200-day moving average of GBX 71.44. The company has a market cap of £42.32 million, a PE ratio of -6.96, a P/E/G ratio of 0.40 and a beta of 1.27.

Naked Wines (LON:WINE – Get Free Report) last announced its earnings results on Thursday, July 23rd. The company reported GBX (9.20) EPS for the quarter. Naked Wines had a negative net margin of 3.31% and a negative return on equity of 10.61%. Equities research analysts anticipate that Naked Wines plc will post 1.4166456 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Jack Pailing bought 20,000 shares of the stock in a transaction dated Thursday, July 23rd. The stock was bought at an average price of GBX 75 per share, for a total transaction of £15,000. Corporate insiders own 18.89% of the company’s stock.

About Naked Wines

(Get Free Report)

Naked Wines plc, together with its subsidiaries, engages in the retailing of wines and spirits in the United Kingdom, the United States, and Australia. The company offers its products online.

Further Reading

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