Naked Wines (LON:WINE) Share Price Passes Below 50-Day Moving Average – Should You Sell?

Naked Wines plc (LON:WINE)’s stock price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 54.93 ($0.72) and traded as low as GBX 53 ($0.69). Naked Wines shares last traded at GBX 53.60 ($0.70), with a volume of 72,533 shares changing hands.

Naked Wines Stock Up 4.1 %

The company has a debt-to-equity ratio of 20.74, a quick ratio of 0.29 and a current ratio of 1.52. The company’s 50-day simple moving average is GBX 55.01 and its two-hundred day simple moving average is GBX 56.32. The firm has a market cap of £41.29 million, a PE ratio of -199.29, a PEG ratio of 0.40 and a beta of 1.26.

Insider Buying and Selling at Naked Wines

In other Naked Wines news, insider Jack Pailing acquired 29,831 shares of the business’s stock in a transaction dated Wednesday, October 9th. The shares were purchased at an average cost of GBX 59 ($0.77) per share, for a total transaction of £17,600.29 ($22,911.08). 15.56% of the stock is currently 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.