Gusbourne (LON:GUS) Stock Price Up 3.8% – Still a Buy?

Gusbourne PLC (LON:GUSGet Free Report) rose 3.8% during mid-day trading on Friday . The stock traded as high as GBX 39.60 ($0.48) and last traded at GBX 39.45 ($0.48). Approximately 5,350 shares were traded during mid-day trading, a decline of 23% from the average daily volume of 6,988 shares. The stock had previously closed at GBX 38 ($0.46).

Gusbourne Stock Up 3.8 %

The firm’s 50 day simple moving average is GBX 39.65 and its 200-day simple moving average is GBX 54.60. 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 company has a market cap of £24.01 million, a price-to-earnings ratio of -657.50 and a beta of 0.31.

About Gusbourne

(Get Free Report)

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.

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