Crimson Wine Group (OTCMKTS:CWGL) Share Price Passes Below 200 Day Moving Average – Here’s What Happened

Crimson Wine Group Ltd. (OTCMKTS:CWGLGet Free Report) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $4.34 and traded as low as $4.20. Crimson Wine Group shares last traded at $4.28, with a volume of 8,984 shares changing hands.

Crimson Wine Group Trading Up 1.7%

The firm has a 50-day moving average of $4.17 and a 200 day moving average of $4.33. The company has a market cap of $87.71 million, a P/E ratio of 85.20 and a beta of 0.42. The company has a current ratio of 10.52, a quick ratio of 2.86 and a debt-to-equity ratio of 0.19.

About Crimson Wine Group

(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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