Crimson Wine Group (OTCMKTS:CWGL) Issues Quarterly Earnings Results

Crimson Wine Group (OTCMKTS:CWGLGet Free Report) released its quarterly earnings data on Tuesday. The company reported $0.04 earnings per share (EPS) for the quarter, Zacks reports. Crimson Wine Group had a return on equity of 0.64% and a net margin of 1.76%.

Crimson Wine Group Stock Down 1.6%

CWGL stock opened at $4.43 on Wednesday. The stock has a market capitalization of $91.15 million, a P/E ratio of 88.58 and a beta of 0.51. The company has a debt-to-equity ratio of 0.08, a current ratio of 6.93 and a quick ratio of 2.19. Crimson Wine Group has a 1-year low of $3.98 and a 1-year high of $5.96. The business has a fifty day moving average price of $4.85 and a 200-day moving average price of $5.03.

About Crimson Wine Group

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Crimson Wine Group, Inc is a U.S.-based premium wine company that acquires, manages and markets a diversified portfolio of estate vineyards and wineries. Founded in 1999 by Bill Paladino as a winery management and marketing platform, the company went public in 2012 and operates under the OTCMKTS ticker CWGL. Its core business centers on producing small-lot, high-quality wines and offering hospitality experiences at its owned and partner-operated properties.

The company’s portfolio spans multiple appellations in California and Oregon, including Napa Valley, Sonoma Coast and the Willamette Valley.

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Earnings History for Crimson Wine Group (OTCMKTS:CWGL)

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