Gusbourne (LON:GUS) Shares Down 1.1% – Here’s What Happened

Shares of Gusbourne PLC (LON:GUS) were down 1.1% during mid-day trading on Friday . The stock traded as low as GBX 37.60 ($0.47) and last traded at GBX 37.60 ($0.47). Approximately 19,000 shares traded hands during trading, an increase of 117% from the average daily volume of 8,737 shares. The stock had previously closed at GBX 38 ($0.47).

Gusbourne Price Performance

The company has a debt-to-equity ratio of 269.00, a current ratio of 9.67 and a quick ratio of 2.55. The firm has a market cap of £22.88 million, a price-to-earnings ratio of -626.67 and a beta of 0.31. The stock has a 50-day moving average price of GBX 37.92 and a 200 day moving average price of GBX 51.58.

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.