Majestic Wine PLC (LON:WINE) Insider Sells £8,144.31 in Stock

Majestic Wine PLC (LON:WINE) insider Nicholas Devlin sold 2,031 shares of the stock in a transaction dated Wednesday, July 22nd. The shares were sold at an average price of GBX 401 ($4.93), for a total transaction of £8,144.31 ($10,022.53).

LON WINE opened at GBX 406 ($5.00) on Monday. The company has a debt-to-equity ratio of 4.80, a quick ratio of 0.85 and a current ratio of 1.83. The firm has a 50-day simple moving average of GBX 393.04 and a 200 day simple moving average of GBX 303.52. Majestic Wine PLC has a twelve month low of GBX 4.15 ($0.05) and a twelve month high of GBX 439.78 ($5.41). The stock has a market cap of $295.88 million and a PE ratio of 37.25.

Separately, Peel Hunt reiterated a “hold” rating on shares of Majestic Wine in a research note on Friday.

About Majestic Wine

Majestic Wine plc, together with its subsidiaries, engages in the retailing of wines, beers, and spirits in the United Kingdom, the United States, Australia, and France. It operates through four segments: Retail, Commercial, Lay & Wheeler, and Naked Wines. The company also provides cellarage services; and business to business wine retailing to pubs, restaurants, and events.

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