Shares of Naked Wines plc (OTCMKTS:MJWNF – Get Free Report) were up 10.7% on Tuesday . The company traded as high as $1.05 and last traded at $0.9575. Approximately 5,594 shares changed hands during trading, a decline of 47% from the average daily volume of 10,607 shares. The stock had previously closed at $0.8650.
Naked Wines Trading Up 10.7%
The business’s fifty day simple moving average is $0.95 and its two-hundred day simple moving average is $0.99.
Naked Wines Company Profile
Naked Wines (OTCMKTS:MJWNF) is an online wine retailer specializing in a direct-to-consumer model that connects independent winemakers with wine enthusiasts. Through its membership program—referred to as “Angels”—the company offers subscribers exclusive access to a curated selection of wines at prices typically below traditional retail levels. Operating primarily through its e-commerce platform, Naked Wines emphasizes transparency, storytelling and community engagement to differentiate its offering.
The company’s core business centers on providing funding to small, independent winemakers around the world.
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