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Tue Sep 24 04:20:56 UTC 2024: ## Gusbourne PLC (LON:GUS) Shares Dip 2.3% in Mid-Day Trading
**LONDON, September 24, 2024** – Shares of Gusbourne PLC (LON:GUS), the English sparkling and still wine producer, experienced a 2.3% decline during mid-day trading on Monday. The stock hit a low of GBX 60 ($0.80) before settling at GBX 62.50 ($0.83). Trading volume was significantly lower than average, with only 4,083 shares changing hands, a 59% decrease from the typical session volume of 9,880 shares.
The company’s market capitalization currently sits at £38.04 million. Gusbourne PLC boasts a debt-to-equity ratio of 197.92, a current ratio of 0.86, and a quick ratio of 2.55.
The stock’s 50-day simple moving average is GBX 65.10, while its 200-day simple moving average stands at GBX 63.30.
Gusbourne PLC distributes its wines under the Gusbourne brand throughout the UK, US, and internationally. The company was formerly known as Shellproof Plc and rebranded in September 2013.