Naked Wines (LON:WINE) Stock Price Down 10.4% – Here’s What Happened

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

Naked Wines Stock Performance

The company has a quick ratio of 0.29, a current ratio of 1.53 and a debt-to-equity ratio of 20.74. The firm has a 50-day simple moving average of GBX 52.36 and a 200 day simple moving average of GBX 52.96. The company has a market cap of £33.14 million, a price-to-earnings ratio of -1.59, a price-to-earnings-growth ratio of 0.40 and a beta of 1.26.

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