Crimson Wine Group (OTCMKTS:CWGL) Stock Price Crosses Below Two Hundred Day Moving Average – What’s Next?

Crimson Wine Group Ltd. (OTCMKTS:CWGLGet Free Report)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.37 and traded as low as $4.25. Crimson Wine Group shares last traded at $4.25, with a volume of 769 shares changing hands.

Crimson Wine Group Stock Performance

The stock’s fifty day moving average price is $4.17 and its two-hundred day moving average price is $4.37. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.86 and a current ratio of 10.52. The company has a market cap of $87.51 million, a P/E ratio of 85.00 and a beta of 0.42.

Crimson Wine Group Company Profile

(Get Free Report)

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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