Naked Wines (LON:WINE) Shares Down 1.3% - Here's Why

Key Points

• Naked Wines plc shares fell by 1.3%, trading at GBX 76 ($1.01), with volume at 22,045 shares, significantly below the average of 246,597 shares.
• Insider Jack Pailing sold 120,000 shares at an average price of GBX 84 ($1.11), contributing to a total of 154,382 shares sold by insiders worth over $13 million in the last quarter.
• The company has a market capitalization of £55.97 million and notable financial metrics, including a debt-to-equity ratio of 20.74 and a price-to-earnings ratio of -2.69.

Naked Wines plc (LON:WINE - Get Free Report)'s stock price dropped 1.3% during trading on Friday . The company traded as low as GBX 73.60 ($0.98) and last traded at GBX 76 ($1.01). Approximately 22,045 shares changed hands during mid-day trading, a decline of 91% from the average daily volume of 246,597 shares. The stock had previously closed at GBX 77 ($1.02).

Naked Wines Price Performance

The company has a market capitalization of £57.15 million, a PE ratio of -2.74, a P/E/G ratio of 0.40 and a beta of 1.26. The company has a current ratio of 1.53, a quick ratio of 0.29 and a debt-to-equity ratio of 20.74. The stock has a fifty day simple moving average of GBX 80.27 and a 200-day simple moving average of GBX 70.40.

Naked Wines (LON:WINE - Get Free Report) last released its earnings results on Tuesday, August 5th. The company reported GBX (6.60) (($0.09)) 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%. Equities analysts anticipate that Naked Wines plc will post 1.4166456 earnings per share for the current year.

Insider Transactions at Naked Wines

In other Naked Wines news, insider Jack Pailing bought 15,000 shares of the business's stock in a transaction on Tuesday, August 5th. The shares were purchased at an average price of GBX 78 ($1.04) per share, with a total value of £11,700 ($15,550.24). In the last three months, insiders sold 154,382 shares of company stock valued at $13,255,330. 15.56% of the stock is currently owned by corporate insiders.

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.