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

Naked Wines plc (LON:WINE)’s stock price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 72.30 and traded as low as GBX 71. Naked Wines shares last traded at GBX 71, with a volume of 56,353 shares changing hands.

Naked Wines Price Performance

The company has a debt-to-equity ratio of 7.62, a current ratio of 1.53 and a quick ratio of 0.28. The company’s 50-day simple moving average is GBX 72.23 and its 200-day simple moving average is GBX 72.82. The stock has a market capitalization of £46.42 million, a P/E ratio of -7.63, a price-to-earnings-growth ratio of 0.40 and a beta of 1.28.

Naked Wines (LON:WINE) last announced its quarterly earnings data 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%. As a group, sell-side analysts expect that Naked Wines plc will post 1.4166456 EPS for the current fiscal year.

Insider Buying and Selling at Naked Wines

In other Naked Wines news, insider Jack Pailing bought 26,500 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The shares were acquired at an average cost of GBX 75 per share, with a total value of £19,875. Over the last quarter, insiders purchased 72,750 shares of company stock worth $5,456,250. 18.89% of the stock is currently owned by insiders.

About Naked Wines

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.