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Crimson Wine Group (OTCMKTS:CWGL) Stock Price Crosses Below 50 Day Moving Average - Time to Sell?

Crimson Wine Group logo with Consumer Staples background

Shares of Crimson Wine Group Ltd. (OTCMKTS:CWGL - Get Free Report) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $5.53 and traded as low as $5.46. Crimson Wine Group shares last traded at $5.51, with a volume of 2,359 shares changing hands.

Crimson Wine Group Price Performance

The business's fifty day simple moving average is $5.54 and its 200-day simple moving average is $5.81. The firm has a market cap of $113.74 million, a P/E ratio of 276.34 and a beta of 0.49. The company has a current ratio of 10.88, a quick ratio of 3.63 and a debt-to-equity ratio of 0.08.

Crimson Wine Group (OTCMKTS:CWGL - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported ($0.05) EPS for the quarter. The firm had revenue of $14.46 million for the quarter. Crimson Wine Group had a net margin of 0.77% and a return on equity of 0.29%.

Crimson Wine Group Company Profile

(Get Free Report)

Crimson Wine Group, Ltd., through its subsidiaries, produces and sells wines in the United States and internationally. It operates in two segments, Wholesale and Direct to Consumer. The company also sells bulk wines and grapes; and other non-wine products, such as merchandise, as well as provides custom winemaking services.

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