Gusbourne (LON:GUS) Trading Up 3.8% – Here’s What Happened

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

Gusbourne Stock Up 3.8 %

The firm has a 50-day moving average of GBX 39.65 and a two-hundred day moving average of GBX 54.60. The company has a quick ratio of 2.55, a current ratio of 9.67 and a debt-to-equity ratio of 269.00. The company has a market capitalization of £24.01 million, a PE ratio of -657.50 and a beta of 0.31.

About Gusbourne

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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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