Shares of Naked Wines plc (OTCMKTS:MJWNF – Get Free Report) shot up 3.8% during mid-day trading on Friday. The stock traded as high as $0.85 and last traded at $0.85. 1,900 shares traded hands during trading, a decline of 82% from the average session volume of 10,607 shares. The stock had previously closed at $0.8189.
Naked Wines Price Performance
The stock’s 50-day simple moving average is $0.93 and its 200 day simple moving average is $0.94.
Naked Wines Company Profile
Naked Wines plc is an online wine retailer that connects consumers with independent winemakers. The company operates a membership-based model through its Naked Angels program, allowing members to purchase wines directly from a network of partner winemakers and providing those winemakers with funding and commercial support.
The company offers a broad selection of wines, including reds, whites, rosés and sparkling wines, sourced from producers in established and emerging wine regions. Its services generally include online ordering, home delivery and member benefits such as access to exclusive wines and pricing.
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