Naked Wines (LON:WINE) Reaches New 12-Month Low – What’s Next?

Naked Wines plc (LON:WINE)’s share price reached a new 52-week low during trading on Tuesday. The stock traded as low as GBX 60.20 and last traded at GBX 60.20, with a volume of 199110 shares traded. The stock had previously closed at GBX 61.

Naked Wines Price Performance

The company’s 50 day simple moving average is GBX 68.26 and its 200-day simple moving average is GBX 71.08. The company has a current ratio of 1.53, a quick ratio of 0.28 and a debt-to-equity ratio of 7.62. The company has a market capitalization of £39.81 million, a price-to-earnings ratio of -6.54, a PEG ratio of 0.40 and a beta of 1.27.

Naked Wines (LON:WINE) last posted 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 return on equity of 10.61% and a negative net margin of 3.31%. On average, equities research analysts predict that Naked Wines plc will post 1.4166456 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Jack Pailing bought 20,000 shares of the company’s stock in a transaction on Thursday, July 23rd. The shares were purchased at an average cost of GBX 75 per share, with a total value of £15,000. 18.89% of the stock is currently 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.