Gusbourne (LON:GUS) Shares Down 1.1% – Here’s Why

Gusbourne PLC (LON:GUS)’s share price traded down 1.1% on Friday . The stock traded as low as GBX 37.60 ($0.47) and last traded at GBX 37.60 ($0.47). 19,000 shares were traded during mid-day trading, an increase of 117% from the average session volume of 8,737 shares. The stock had previously closed at GBX 38 ($0.47).

Gusbourne Price Performance

The firm has a market cap of £22.88 million, a price-to-earnings ratio of -626.67 and a beta of 0.31. The company has a current ratio of 9.67, a quick ratio of 2.55 and a debt-to-equity ratio of 269.00. The stock’s fifty day moving average price is GBX 37.92 and its 200-day moving average price is GBX 51.58.

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.