Naked Wines (LON:WINE) Reaches New 1-Year Low – Here’s What Happened

Shares of Naked Wines plc (LON:WINE) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 47.05 ($0.60) and last traded at GBX 47.40 ($0.60), with a volume of 78418 shares trading hands. The stock had previously closed at GBX 49.38 ($0.63).

Naked Wines Stock Down 4.0 %

The company has a market cap of £35.08 million, a price-to-earnings ratio of -176.25, a price-to-earnings-growth ratio of 0.40 and a beta of 1.26. The company has a current ratio of 1.52, a quick ratio of 0.29 and a debt-to-equity ratio of 20.74. The firm’s fifty day moving average price is GBX 54.76 and its 200-day moving average price is GBX 55.89.

Insider Buying and Selling

In related news, insider Jack Pailing bought 29,831 shares of Naked Wines stock in a transaction that occurred on Wednesday, October 9th. The stock was purchased at an average cost of GBX 59 ($0.75) per share, with a total value of £17,600.29 ($22,375.15). Company insiders own 15.56% of the company’s stock.

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.