Naked Wines (OTCMKTS:NWINF) Trading Down 18% – Here’s What Happened

Naked Wines plc (OTCMKTS:NWINFGet Free Report)’s stock price dropped 18% on Tuesday . The stock traded as low as $0.60 and last traded at $0.64. Approximately 28,409 shares traded hands during trading, an increase of 564% from the average daily volume of 4,278 shares. The stock had previously closed at $0.78.

Naked Wines Stock Performance

The stock’s fifty day simple moving average is $0.70 and its 200-day simple moving average is $0.71.

Naked Wines Company Profile

(Get Free Report)

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. The company was formerly known as Majestic Wine plc and changed its name to Naked Wines plc in August 2019. The company was founded in 1980 and is headquartered in Norwich, the United Kingdom.

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