Naked Wines (LON:WINE) Stock Crosses Below Fifty Day Moving Average – Here’s What Happened

Shares of Naked Wines plc (LON:WINE) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 72.75 and traded as low as GBX 72. Naked Wines shares last traded at GBX 72, with a volume of 14,385 shares traded.

Naked Wines Stock Up 1.4%

The business has a fifty day simple moving average of GBX 72.75 and a 200 day simple moving average of GBX 73. The firm has a market cap of £48.27 million, a price-to-earnings ratio of -34.76, a PEG ratio of 0.40 and a beta of 1.27. The company has a debt-to-equity ratio of 7.62, a current ratio of 1.53 and a quick ratio of 0.28.

Naked Wines (LON:WINE) last issued its quarterly earnings results on Thursday, July 23rd. The company reported GBX (9.20) EPS for the quarter. Naked Wines had a negative return on equity of 10.61% and a negative net margin of 3.31%. As a group, equities analysts forecast that Naked Wines plc will post 1.4166456 EPS for the current fiscal year.

Insiders Place Their Bets

In other Naked Wines news, insider Jack Pailing acquired 26,500 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The stock was bought at an average price of GBX 75 per share, with a total value of £19,875. Insiders have bought 72,750 shares of company stock worth $5,456,250 in the last quarter. Insiders own 18.86% of the company’s stock.

Naked Wines Company Profile

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.