Naked Wines (LON:WINE) Stock Passes Below Fifty Day Moving Average – Should You Sell?

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 trading hands.

Naked Wines Stock Up 0.3%

The business’s 50-day moving average is GBX 72.69 and its two-hundred day moving average is GBX 72.99. The firm has a market capitalization of £47.74 million, a price-to-earnings ratio of -34.38, a P/E/G ratio of 0.40 and a beta of 1.27. The company has a debt-to-equity ratio of 7.62, a quick ratio of 0.28 and a current ratio of 1.53.

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

Insider Buying and Selling at Naked Wines

In other news, insider Jack Pailing purchased 26,500 shares of the firm’s stock in a transaction dated 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 acquired 72,750 shares of company stock worth $5,456,250 over the last quarter. Company 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.