Gusbourne (LON:GUS) Stock Price Down 13.2% – Here’s What Happened

Gusbourne PLC (LON:GUS) was down 13.2% on Friday . The company traded as low as GBX 15 ($0.19) and last traded at GBX 16.49 ($0.21). Approximately 164,928 shares changed hands during mid-day trading, an increase of 169% from the average daily volume of 61,270 shares. The stock had previously closed at GBX 19 ($0.24).

Gusbourne Stock Performance

The company has a current ratio of 9.67, a quick ratio of 2.55 and a debt-to-equity ratio of 269.00. The stock’s 50 day moving average price is GBX 34.14 and its 200 day moving average price is GBX 48.32. The company has a market capitalization of £10.96 million, a price-to-earnings ratio of -3.16 and a beta of 0.31.

About Gusbourne

Gusbourne produces and distributes a range of high quality and award winning vintage English sparkling wines from grapes grown in its own vineyards in Kent and West Sussex.

The Gusbourne business was founded by Andrew Weeber in 2004 with the first vineyard plantings at Appledore in Kent. The first wines were released in 2010 to critical acclaim.