Naked Wines (LON:WINE) Sets New 12-Month Low – Here’s What Happened

Naked Wines plc (LON:WINE)’s share price hit a new 52-week low during mid-day trading on Wednesday. The stock traded as low as GBX 61.40 and last traded at GBX 63.80, with a volume of 68232 shares changing hands. The stock had previously closed at GBX 62.60.

Naked Wines Price Performance

The stock’s 50-day moving average is GBX 68.74 and its 200 day moving average is GBX 71.18. The company has a debt-to-equity ratio of 7.62, a quick ratio of 0.28 and a current ratio of 1.53. The stock has a market capitalization of £40.47 million, a PE ratio of -6.65, a P/E/G ratio of 0.40 and a beta of 1.27.

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%. As a group, equities analysts expect that Naked Wines plc will post 1.4166456 earnings per share for the current year.

Insider Activity at Naked Wines

In other news, insider Jack Pailing bought 20,000 shares of Naked Wines stock in a transaction dated Thursday, July 23rd. The stock was acquired at an average cost of GBX 75 per share, with a total value of £15,000. Company 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.