Naked Wines (LON:WINE) Insider Purchases £19,875 in Stock

Naked Wines plc (LON:WINE) insider Jack Pailing purchased 26,500 shares of the stock in a transaction on Wednesday, May 27th. The stock was bought at an average cost of GBX 75 per share, for a total transaction of £19,875.

Jack Pailing also recently made the following trade(s):

• On Wednesday, May 27th, Jack Pailing purchased 26,250 shares of Naked Wines stock. The stock was bought at an average cost of GBX 75 per share, for a total transaction of £19,687.50.
• On Wednesday, March 18th, Jack Pailing bought 38,000 shares of Naked Wines stock. The shares were acquired at an average price of GBX 62 per share, for a total transaction of £23,560.
• On Monday, March 9th, Jack Pailing bought 12,000 shares of Naked Wines stock. The shares were acquired at an average price of GBX 73 per share, for a total transaction of £8,760.
• On Wednesday, March 4th, Jack Pailing bought 20,000 shares of Naked Wines stock. The shares were acquired at an average price of GBX 74 per share, for a total transaction of £14,800.

Naked Wines Stock Performance

Shares of LON:WINE opened at GBX 74.79 on Thursday. The company’s 50 day moving average price is GBX 72.60 and its two-hundred day moving average price is GBX 72.78. Naked Wines plc has a 12-month low of GBX 61.80 and a 12-month high of GBX 95. The firm has a market cap of £50.29 million, a PE ratio of -35.61, a PEG ratio of 0.40 and a beta of 1.25. The company has a quick ratio of 0.29, a current ratio of 1.50 and a debt-to-equity ratio of 8.40.

Naked Wines declared that its Board of Directors has initiated a share buyback program on Monday, March 23rd that allows the company to buyback 0 outstanding shares. This buyback authorization allows the company to buy shares of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its stock is undervalued.

Naked Wines Company Profile

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.