Naked Wines (OTCMKTS:MJWNF) Shares Down 9.2% – Here’s Why

Shares of Naked Wines plc (OTCMKTS:MJWNFGet Free Report) traded down 9.2% during mid-day trading on Thursday . The stock traded as low as $0.88 and last traded at $0.88. 1,208 shares traded hands during trading, a decline of 89% from the average session volume of 10,607 shares. The stock had previously closed at $0.97.

Naked Wines Stock Performance

The company’s fifty day moving average is $1.03 and its 200-day moving average is $1.02.

Naked Wines Company Profile

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Naked Wines plc, together with its subsidiaries, engages in the retailing of wines, beers, and spirits in the United Kingdom, the United States, and Australia. The company offers its products online. The company was formerly known as Majestic Wine plc and changed its name to Naked Wines plc in August 2019.

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