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Crimson Wine Group (OTCMKTS:CWGL) Shares Cross Below 200 Day Moving Average - Should You Sell?

Crimson Wine Group logo with Consumer Staples background

Key Points

  • Crimson Wine Group's shares have fallen below their 200-day moving average of $5.69, trading last at $5.55 during recent transactions.
  • The company reported a net revenue of $14.46 million for the quarter with an EPS of ($0.05), indicating financial challenges.
  • Crimson Wine Group has a market capitalization of $114.36 million and a high PE ratio of 277.84, which suggests it may be overvalued relative to its earnings.
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Crimson Wine Group Ltd. (OTCMKTS:CWGL - Get Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $5.69 and traded as low as $5.55. Crimson Wine Group shares last traded at $5.55, with a volume of 9,232 shares trading hands.

Crimson Wine Group Stock Performance

The company has a market cap of $114.36 million, a PE ratio of 277.84 and a beta of 0.48. The business has a fifty day moving average of $5.59 and a 200-day moving average of $5.69. 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 issued its earnings results on Thursday, May 8th. The company reported ($0.05) EPS for the quarter. The business 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%.

About Crimson Wine Group

(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.

Further Reading

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