Naked Wines (LON:WINE) Sets New 12-Month Low – Here’s Why

Naked Wines plc (LON:WINE) hit a new 52-week low on Wednesday. The company traded as low as GBX 61.40 and last traded at GBX 63.80, with a volume of 68232 shares. The stock had previously closed at GBX 62.60.

Naked Wines Trading Up 1.9%

The company has a debt-to-equity ratio of 7.62, a current ratio of 1.53 and a quick ratio of 0.28. The firm has a market cap of £42.19 million, a price-to-earnings ratio of -6.93, a price-to-earnings-growth ratio of 0.40 and a beta of 1.27. The firm’s fifty day moving average is GBX 69.10 and its 200-day moving average is GBX 71.30.

Naked Wines (LON:WINE) last issued 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%. Equities analysts anticipate that Naked Wines plc will post 1.4166456 earnings per share for the current year.

Insider Buying and Selling

In other Naked Wines news, insider Jack Pailing bought 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, July 23rd. The stock was acquired at an average price of GBX 75 per share, with a total value of £15,000. 18.89% of the stock is owned by corporate insiders.

About Naked Wines

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.