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Naked Wines (LON:WINE) Shares Cross Below 50-Day Moving Average After Insider Selling

Naked Wines logo with Consumer Defensive background

Naked Wines plc (LON:WINE - Get Free Report)'s stock price passed below its fifty day moving average during trading on Friday after an insider sold shares in the company. The stock has a fifty 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 traded.

Specifically, insider Jack Pailing sold 120,000 shares of the stock in a transaction dated Wednesday, June 18th. The stock was sold at an average price of GBX 84 ($1.13), for a total value of £100,800 ($135,556.75).

Naked Wines Stock Performance

The stock has a 50-day moving average price of GBX 81.25 and a 200 day moving average price of GBX 64.39. 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 market capitalization of £60.54 million, a price-to-earnings ratio of -2.90, a P/E/G ratio of 0.40 and a beta of 1.26.

About Naked Wines

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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.

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