Crimson Wine Group Ltd. (OTCMKTS:CWGL – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $4.48 and traded as low as $3.90. Crimson Wine Group shares last traded at $4.00, with a volume of 13,406 shares changing hands.
Crimson Wine Group Trading Up 3.2%
The business has a 50-day simple moving average of $4.25 and a two-hundred day simple moving average of $4.47. The stock has a market cap of $87.10 million, a price-to-earnings ratio of 84.60 and a beta of 0.42. The company has a debt-to-equity ratio of 0.23, a current ratio of 11.54 and a quick ratio of 3.29.
About Crimson Wine Group
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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