Naked Wines (LON:WINE) Reaches New 52-Week Low – Here’s Why

Naked Wines plc (LON:WINE) shares reached a new 52-week low during trading on Tuesday. The company traded as low as GBX 60 and last traded at GBX 60, with a volume of 270,194 shares. The stock had previously closed at GBX 61.

Naked Wines Price Performance

The company has a quick ratio of 0.28, a current ratio of 1.53 and a debt-to-equity ratio of 7.62. The company has a market cap of £39.68 million, a price-to-earnings ratio of -6.52, a price-to-earnings-growth ratio of 0.40 and a beta of 1.27. The company has a fifty day simple moving average of GBX 67.05 and a two-hundred day simple moving average of GBX 70.91.

Naked Wines (LON:WINE) last announced 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 net margin of 3.31% and a negative return on equity of 10.61%. On average, equities research analysts anticipate that Naked Wines plc will post 1.42 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Naked Wines news, insider Jack Pailing acquired 20,000 shares of the stock in a transaction that occurred on Thursday, July 23rd. The shares were purchased at an average cost of GBX 75 per share, with a total value of £15,000. Insiders own 18.89% of the company’s stock.

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.