Naked Wines (LON:WINE) Sets New 52-Week Low – Time to Sell?

Naked Wines plc (LON:WINE)’s stock price hit a new 52-week low on Tuesday. The stock traded as low as GBX 60 and last traded at GBX 60, with a volume of 270,194 shares trading hands. The stock had previously closed at GBX 61.

Naked Wines Stock Down 0.7%

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 stock has a market capitalization of £39.68 million, a PE ratio of -6.52, a P/E/G ratio of 0.40 and a beta of 1.27. The stock’s fifty day simple moving average is GBX 66.51 and its 200-day simple moving average is GBX 70.72.

Naked Wines (LON:WINE) last posted its earnings results on Thursday, July 23rd. The company reported GBX (9.20) earnings per share (EPS) for the quarter. Naked Wines had a negative return on equity of 10.61% and a negative net margin of 3.31%. As a group, sell-side analysts forecast that Naked Wines plc will post 1.42 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Jack Pailing purchased 20,000 shares of the business’s stock in a transaction that occurred on Thursday, July 23rd. The shares were acquired at an average cost of GBX 75 per share, for a total transaction of £15,000. Company insiders own 18.89% 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.