Andrew Peller (TSE:ADW.A) Stock Crosses Above 50 Day Moving Average – Here’s What Happened

Andrew Peller Ltd (TSE:ADW.A) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$7.35 and traded as high as C$7.95. Andrew Peller shares last traded at C$7.94, with a volume of 51,450 shares.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group downgraded Andrew Peller from a “buy” rating to a “hold” rating in a research report on Wednesday, June 17th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, Andrew Peller has a consensus rating of “Hold”.

Andrew Peller Stock Performance

The firm has a market cap of C$349.69 million, a price-to-earnings ratio of 13.02 and a beta of 0.51. The company has a debt-to-equity ratio of 94.21, a current ratio of 3.72 and a quick ratio of 0.58. The firm has a fifty day simple moving average of C$7.35 and a two-hundred day simple moving average of C$6.08.

Andrew Peller (TSE:ADW.A) last posted its quarterly earnings data on Tuesday, June 16th. The company reported C$0.14 earnings per share (EPS) for the quarter. The firm had revenue of C$79.47 million for the quarter. Andrew Peller had a negative net margin of 0.60% and a negative return on equity of 0.94%. On average, analysts expect that Andrew Peller Ltd will post 0.1202054 EPS for the current year.

Andrew Peller Company Profile

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.