Naked Wines (LON:WINE) Shares Pass Above 50 Day Moving Average – Should You Sell?

Naked Wines plc (LON:WINE) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 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 changing hands.

Naked Wines Trading Down 2.1%

The company has a quick ratio of 0.28, a current ratio of 1.53 and a debt-to-equity ratio of 7.62. The firm has a market cap of £48.54 million, a P/E ratio of -7.98, a price-to-earnings-growth ratio of 0.40 and a beta of 1.27. The firm’s 50-day simple moving average is GBX 72.62 and its 200 day simple moving average is GBX 72.92.

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

Insider Transactions at Naked Wines

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

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.