Crimson Wine Group, Ltd. (OTCMKTS:CWGL – Get Free Report) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $6.48 and traded as high as $6.82. Crimson Wine Group shares last traded at $6.82, with a volume of 84,135 shares changing hands.
Crimson Wine Group Trading Up 4.5 %
The business’s 50 day moving average price is $6.48 and its two-hundred day moving average price is $6.11. The company has a current ratio of 5.65, a quick ratio of 1.99 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $141.11 million, a price-to-earnings ratio of 136.40 and a beta of 0.53.
Crimson Wine Group (OTCMKTS:CWGL – Get Free Report) last posted its quarterly earnings results on Monday, August 12th. The company reported $0.01 earnings per share for the quarter. Crimson Wine Group had a net margin of 1.41% and a return on equity of 0.54%. The company had revenue of $17.25 million for the quarter.
About Crimson Wine Group
Crimson Wine Group, Ltd., through its subsidiaries, produces and sells wines in the United States and internationally. It operates in two segments, Wholesale and Direct to Consumer. The company also sells bulk wines and grapes; and other non-wine products, such as merchandise, as well as provides custom winemaking services.
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