Naked Wines (LON:WINE) Stock Crosses Below Fifty Day Moving Average – Should You Sell?

Naked Wines plc (LON:WINE)’s share price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 49.55 ($0.62) and traded as low as GBX 44.96 ($0.56). Naked Wines shares last traded at GBX 48 ($0.60), with a volume of 314,978 shares trading hands.

Naked Wines Stock Performance

The company has a current ratio of 1.52, a quick ratio of 0.29 and a debt-to-equity ratio of 20.74. The company has a market cap of £34.15 million, a price-to-earnings ratio of -164.82, a P/E/G ratio of 0.40 and a beta of 1.26. The stock has a 50 day moving average price of GBX 49.26 and a two-hundred day moving average price of GBX 53.17.

Naked Wines (LON:WINE) last issued its 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 23.76% and a negative net margin of 7.18%. Analysts predict 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.