Naked Wines (LON:WINE) Share Price Crosses Below 50-Day Moving Average – What’s Next?

Naked Wines plc (LON:WINE) shares crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 77.70 and traded as low as GBX 70.20. Naked Wines shares last traded at GBX 71.40, with a volume of 182,204 shares.

Naked Wines Trading Down 0.8%

The company has a 50 day moving average of GBX 77.70 and a 200 day moving average of GBX 79.21. The firm has a market cap of £51.11 million, a P/E ratio of -10.82, a PEG ratio of 0.40 and a beta of 1.26. The company has a debt-to-equity ratio of 20.74, a quick ratio of 0.29 and a current ratio of 1.53.

Insider Buying and Selling at Naked Wines

In related news, insider Rodrigo Maza acquired 10,000 shares of the stock in a transaction dated Tuesday, September 30th. The shares were acquired at an average price of GBX 78 per share, for a total transaction of £7,800. Also, insider Jack Pailing purchased 58,810 shares of the firm’s stock in a transaction on Wednesday, September 10th. The stock was bought at an average price of GBX 80 per share, for a total transaction of £47,048. Over the last ninety days, insiders have purchased 75,610 shares of company stock valued at $6,103,600. 17.04% 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.