Andrew Peller (TSE:ADW.A) Downgraded by Canaccord Genuity Group to “Hold”

Andrew Peller (TSE:ADW.A) was downgraded by stock analysts at Canaccord Genuity Group from a “buy” rating to a “hold” rating in a report released on Wednesday,BayStreet.CA reports.

Andrew Peller Trading Down 0.1%

Shares of ADW.A traded down C$0.01 during trading on Wednesday, reaching C$7.93. 169,963 shares of the company traded hands, compared to its average volume of 49,297. Andrew Peller has a twelve month low of C$4.91 and a twelve month high of C$7.98. The stock has a market cap of C$346.26 million, a PE ratio of 17.24 and a beta of 0.67. The stock has a 50-day simple moving average of C$5.71 and a 200-day simple moving average of C$5.40. The company has a quick ratio of 0.58, a current ratio of 3.72 and a debt-to-equity ratio of 94.21.

Andrew Peller (TSE:ADW.A) last announced its quarterly earnings results on Tuesday, June 16th. The company reported C$0.14 earnings per share for the quarter. Andrew Peller had a negative net margin of 0.60% and a negative return on equity of 0.94%. The business had revenue of C$79.48 million during the quarter. On average, analysts anticipate that Andrew Peller will post 0.1202054 earnings per share for the current year.

About Andrew Peller

Andrew Peller Ltd is a wine producing company. It is engaged in the production and marketing of wine and spirit products in Canada. Some of the company’s brands are Peller Estates, Trius Winery, Thirty Bench, Wayne Gretzky, Sandhill, Red Rooster, Calona Vineyards and many more. The Company owns and operates over 100 well-positioned independent retail locations in Ontario under The Wine Shop, Wine Country Vintners, and Wine Country Merchants store.