Naked Wines (LON:WINE) Trading Up 3.1% – What’s Next?

Naked Wines plc (LON:WINE) shares rose 3.1% during trading on Tuesday . The stock traded as high as GBX 73.80 and last traded at GBX 73.80. Approximately 2,243,052 shares traded hands during trading, an increase of 762% from the average daily volume of 260,251 shares. The stock had previously closed at GBX 71.60.

Analysts Set New Price Targets

Separately, Panmure Gordon reiterated a “buy” rating and set a GBX 150 price objective on shares of Naked Wines in a research report on Thursday, November 20th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 150.

Naked Wines Stock Performance

The company has a 50 day simple moving average of GBX 72.76 and a 200-day simple moving average of GBX 76.68. The stock has a market capitalization of £52.83 million, a P/E ratio of -11.18, a price-to-earnings-growth ratio of 0.40 and a beta of 1.26. The company has a debt-to-equity ratio of 20.74, a current ratio of 1.53 and a quick ratio of 0.29.

Naked Wines (LON:WINE) last released its quarterly earnings results on Tuesday, December 9th. The company reported GBX (4.30) EPS for the quarter. Naked Wines had a negative return on equity of 25.19% and a negative net margin of 7.18%. On average, equities analysts forecast that Naked Wines plc will post 1.4166456 EPS for the current year.

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.