Andrew Peller (TSE:ADW.A) Stock Crosses Below 50 Day Moving Average - Time to Sell?

Andrew Peller Ltd (TSE:ADW.A - Get Free Report)'s share price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$4.60 and traded as low as C$4.38. Andrew Peller shares last traded at C$4.39, with a volume of 6,138 shares changing hands.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group upped their price target on shares of Andrew Peller from C$9.00 to C$10.00 in a report on Friday, February 7th.

Andrew Peller Price Performance

The company's fifty day moving average is C$4.55 and its 200 day moving average is C$4.38. The firm has a market cap of C$157.88 million, a price-to-earnings ratio of -64.00 and a beta of 0.75. The company has a quick ratio of 0.58, a current ratio of 3.72 and a debt-to-equity ratio of 94.21.

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.