Naked Wines (LON:WINE) Trading Up 11.6% – Here’s Why

Naked Wines plc (LON:WINE)’s stock price shot up 11.6% during mid-day trading on Wednesday . The company traded as high as GBX 50.35 ($0.63) and last traded at GBX 50.35 ($0.63). 532,153 shares traded hands during mid-day trading, an increase of 431% from the average session volume of 100,219 shares. The stock had previously closed at GBX 45.10 ($0.56).

Naked Wines Price Performance

The company has a market capitalization of £39.66 million, a price-to-earnings ratio of -191.41, a P/E/G ratio of 0.40 and a beta of 1.26. The stock has a fifty day simple moving average of GBX 48.82 and a 200-day simple moving average of GBX 52.77. The company has a debt-to-equity ratio of 20.74, a current ratio of 1.52 and a quick ratio of 0.29.

Naked Wines (LON:WINE) last announced 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 net margin of 7.18% and a negative return on equity of 23.76%. On average, equities research analysts anticipate that Naked Wines plc will post 1.4166456 EPS for the current 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.