Gusbourne (LON:GUS) Shares Down 3% – Should You Sell?

Gusbourne PLC (LON:GUS)’s share price dropped 3% during trading on Wednesday . The stock traded as low as GBX 10.50 ($0.14) and last traded at GBX 11.16 ($0.14). Approximately 43,282 shares changed hands during trading, a decline of 55% from the average daily volume of 95,573 shares. The stock had previously closed at GBX 11.50 ($0.15).

Gusbourne Trading Down 3.0 %

The company has a market capitalization of £6.79 million, a P/E ratio of -1.96 and a beta of 0.31. The company has a fifty day simple moving average of GBX 27.50 and a two-hundred day simple moving average of GBX 43.68. The company has a debt-to-equity ratio of 269.00, a current ratio of 9.67 and a quick ratio of 2.55.

Gusbourne Company Profile

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.