Naked Wines (LON:WINE) Share Price Passes Below Fifty Day Moving Average on Insider Selling

Naked Wines plc (LON:WINEGet Free Report) shares crossed below its 50 day moving average during trading on Friday after an insider sold shares in the company. The stock has a 50 day moving average of GBX 81.25 ($1.09) and traded as low as GBX 80 ($1.08). Naked Wines shares last traded at GBX 82.20 ($1.11), with a volume of 88,856 shares changing hands.

Specifically, insider Jack Pailing sold 120,000 shares of Naked Wines stock in a transaction that occurred on Wednesday, June 18th. The shares were sold at an average price of GBX 84 ($1.13), for a total transaction of £100,800 ($135,556.75).

Naked Wines Price Performance

The stock has a market capitalization of £60.54 million, a PE ratio of -2.90, a P/E/G ratio of 0.40 and a beta of 1.26. The company has a debt-to-equity ratio of 20.74, a current ratio of 1.53 and a quick ratio of 0.29. The firm’s 50 day simple moving average is GBX 81.25 and its 200 day simple moving average is GBX 64.48.

Naked Wines Company Profile

(Get Free Report)

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.

Further Reading

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