Andrew Peller (TSE:ADW.A) Share Price Passes Above 50-Day Moving Average - Time to Sell?

Andrew Peller Ltd (TSE:ADW.A - Get Free Report)'s share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$4.50 and traded as high as C$4.75. Andrew Peller shares last traded at C$4.74, with a volume of 9,133 shares changing hands.

Analyst Upgrades and Downgrades

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

Andrew Peller Price Performance

The business has a 50-day simple moving average of C$4.50 and a 200 day simple moving average of C$4.44. The firm has a market cap of C$167.04 million, a P/E ratio of -67.71 and a beta of 0.75. The company has a debt-to-equity ratio of 94.21, a quick ratio of 0.58 and a current ratio of 3.72.

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.