Naked Wines (LON:WINE) Trading Down 10.4% – Time to Sell?

Naked Wines plc (LON:WINE) shares dropped 10.4% during mid-day trading on Friday . The stock traded as low as GBX 44 ($0.57) and last traded at GBX 45 ($0.58). Approximately 523,771 shares traded hands during mid-day trading, an increase of 109% from the average daily volume of 250,834 shares. The stock had previously closed at GBX 50.20 ($0.65).

Naked Wines Stock Performance

The company has a market cap of £33.14 million, a PE ratio of -1.59, 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 quick ratio of 0.29 and a current ratio of 1.53. The stock’s 50-day simple moving average is GBX 52.36 and its 200 day simple moving average is GBX 52.96.

Naked Wines (LON:WINE) last posted its quarterly earnings results on Tuesday, December 10th. The company reported GBX (8.80) (($0.11)) earnings per share (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, equities analysts anticipate that Naked Wines plc will post 1.4166456 EPS for the current year.

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.