Naked Wines (LON:WINE) Shares Pass Below 50 Day Moving Average After Insider Selling

Naked Wines plc (LON:WINEGet Free Report) shares crossed below its fifty day moving average during trading on Friday after an insider sold shares in the company. The stock has a fifty day moving average of GBX 81.25 ($1.09) and traded as low as GBX 80 ($1.08). Naked Wines shares last traded at GBX 82.20 ($1.11), with a volume of 88,856 shares changing hands.

Specifically, insider Jack Pailing sold 120,000 shares of the company’s stock in a transaction dated Wednesday, June 18th. The shares were sold at an average price of GBX 84 ($1.13), for a total value of £100,800 ($135,556.75).

Naked Wines Stock Performance

The company has a market capitalization of £60.54 million, a P/E ratio of -2.90, a PEG ratio of 0.40 and a beta of 1.26. The company has a debt-to-equity ratio of 20.74, a quick ratio of 0.29 and a current ratio of 1.53. The stock’s fifty day moving average price is GBX 81.25 and its 200-day moving average price is GBX 64.39.

Naked Wines Company Profile

(Get Free Report)

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.

Further Reading

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