Naked Wines (LON:WINE) Shares Cross Above Fifty Day Moving Average – Should You Sell?

Naked Wines plc (LON:WINE) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 48.92 ($0.62) and traded as high as GBX 60 ($0.76). Naked Wines shares last traded at GBX 59.50 ($0.75), with a volume of 220,827 shares traded.

Naked Wines Stock Performance

The company has a debt-to-equity ratio of 20.74, a quick ratio of 0.29 and a current ratio of 1.53. The stock has a market capitalization of £43.82 million, a P/E ratio of -2.10, a PEG ratio of 0.40 and a beta of 1.26. The business has a 50-day moving average price of GBX 48.92 and a 200 day moving average price of GBX 52.14.

Naked Wines (LON:WINE) last released its earnings results on Tuesday, December 10th. The company reported GBX (8.80) (($0.11)) EPS for the quarter. Naked Wines had a negative return on equity of 25.19% and a negative net margin of 7.18%. As a group, sell-side analysts forecast that Naked Wines plc will post 1.4166456 EPS for the current fiscal year.

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.