Naked Wines (LON:WINE) Share Price Passes Above 50-Day Moving Average – Time to Sell?

Naked Wines plc (LON:WINE)’s stock price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 72.62 and traded as high as GBX 75. Naked Wines shares last traded at GBX 73.40, with a volume of 48,871 shares trading hands.

Naked Wines Stock Down 2.1%

The company has a market cap of £48.54 million, a PE ratio of -7.98, a P/E/G ratio of 0.40 and a beta of 1.27. The firm has a 50-day simple moving average of GBX 72.62 and a two-hundred day simple moving average of GBX 72.92. The company has a debt-to-equity ratio of 7.62, a current ratio of 1.53 and a quick ratio of 0.28.

Naked Wines (LON:WINE) last issued its quarterly earnings data on Thursday, July 23rd. The company reported GBX (9.20) earnings per share (EPS) for the quarter. Naked Wines had a negative net margin of 3.31% and a negative return on equity of 10.61%. Research analysts anticipate that Naked Wines plc will post 1.4166456 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Jack Pailing purchased 20,000 shares of the firm’s stock in a transaction on Thursday, July 23rd. The shares were bought at an average cost of GBX 75 per share, with a total value of £15,000. Over the last 90 days, insiders have bought 72,750 shares of company stock worth $5,456,250. 18.89% of the stock is owned by company 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.