Andrew Peller (TSE:ADW.A) Stock Crosses Above 50 Day Moving Average - Should You Sell?

Andrew Peller Ltd (TSE:ADW.A - Get Free Report)'s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$4.50 and traded as high as C$4.61. Andrew Peller shares last traded at C$4.59, with a volume of 4,806 shares.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group increased their price objective on shares of Andrew Peller from C$9.00 to C$10.00 in a research note on Friday, February 7th.

Andrew Peller Stock Up 1.5%

The firm's 50 day simple moving average is C$4.50 and its 200 day simple moving average is C$4.43. The company has a quick ratio of 0.58, a current ratio of 3.72 and a debt-to-equity ratio of 94.21. The company has a market cap of C$166.33 million, a price-to-earnings ratio of -67.43 and a beta of 0.75.

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.