Naked Wines (LON:WINE) Sets New 12-Month Low – Here’s Why

Naked Wines plc (LON:WINE) shares hit a new 52-week low during trading on Wednesday. The stock traded as low as GBX 61.40 and last traded at GBX 63.80, with a volume of 68232 shares trading hands. The stock had previously closed at GBX 62.60.

Naked Wines Price Performance

The firm has a market capitalization of £42.19 million, a P/E ratio of -6.93, a price-to-earnings-growth ratio of 0.40 and a beta of 1.27. The business has a 50-day moving average of GBX 69.10 and a 200 day moving average of GBX 71.30. The company has a current ratio of 1.53, a quick ratio of 0.28 and a debt-to-equity ratio of 7.62.

Naked Wines (LON:WINE) last posted its quarterly earnings results on Thursday, July 23rd. The company reported GBX (9.20) earnings per share for the quarter. Naked Wines had a negative return on equity of 10.61% and a negative net margin of 3.31%. On average, sell-side analysts predict that Naked Wines plc will post 1.4166456 earnings per share for the current fiscal year.

Insider Buying and Selling at Naked Wines

In other news, insider Jack Pailing bought 20,000 shares of the stock in a transaction dated Thursday, July 23rd. The shares were bought at an average cost of GBX 75 per share, with a total value of £15,000. 18.89% of the stock is owned by insiders.

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.