Short Interest in Crimson Wine Group, Ltd. (OTCMKTS:CWGL) Decreases By 12.3%

Crimson Wine Group, Ltd. (OTCMKTS:CWGL) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totalling 5,000 shares, a drop of 12.3% from the August 15th total of 5,700 shares. Based on an average trading volume of 13,900 shares, the days-to-cover ratio is currently 0.4 days.

Crimson Wine Group Trading Down 8.1 %

Crimson Wine Group stock traded down $0.55 during mid-day trading on Tuesday, hitting $6.24. The company’s stock had a trading volume of 6,025 shares, compared to its average volume of 10,268. Crimson Wine Group has a one year low of $5.38 and a one year high of $6.79. The stock has a market cap of $129.87 million, a PE ratio of 41.60 and a beta of 0.54. The company has a 50 day moving average of $5.99 and a 200-day moving average of $5.89. The company has a debt-to-equity ratio of 0.09, a quick ratio of 3.64 and a current ratio of 9.54.

Crimson Wine Group (OTCMKTS:CWGL) last announced its quarterly earnings results on Monday, August 12th. The company reported $0.01 earnings per share (EPS) for the quarter. Crimson Wine Group had a return on equity of 1.43% and a net margin of 3.69%. The firm had revenue of $17.25 million during the quarter.

Crimson Wine Group Company Profile

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.