Crimson Wine Group (OTCMKTS:CWGL) Share Price Crosses Above Fifty Day Moving Average of $8.50

Shares of Crimson Wine Group, Ltd. (OTCMKTS:CWGL) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $8.50 and traded as high as $8.55. Crimson Wine Group shares last traded at $8.55, with a volume of 9,927 shares trading hands.

The company has a debt-to-equity ratio of 0.10, a current ratio of 6.79 and a quick ratio of 3.30. The firm has a market cap of $192.58 million, a PE ratio of 106.89 and a beta of 0.34. The business has a fifty day moving average price of $8.50 and a two-hundred day moving average price of $8.67.

Crimson Wine Group (OTCMKTS:CWGL) last issued its quarterly earnings results on Thursday, November 4th. The company reported $0.01 earnings per share for the quarter. Crimson Wine Group had a negative return on equity of 0.47% and a net margin of 3.09%. The business had revenue of $17.14 million for the quarter.

Crimson Wine Group Company Profile (OTCMKTS:CWGL)

Crimson Wine Group Ltd. engages in the production and sale of luxury wines. The firm operates through the following segments: Wholesale and Direct to Consumer. It also operates as an owner and operator of boutique, estate-based wineries that produce wines in the regions of California, Oregon and Washington.

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