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Crimson Wine Group (OTCMKTS:CWGL) Shares Cross Below 50-Day Moving Average - Should You Sell?

Crimson Wine Group logo with Consumer Staples background

Key Points

  • Crimson Wine Group shares fell below their 50-day moving average of $5.58, trading at $5.40 on Monday, with a total volume of 4,231 shares.
  • The company has a market cap of $111.19 million, a notably high P/E ratio of -540,000.00, and maintains low debt levels with a debt-to-equity ratio of 0.08.
  • Crimson Wine Group produces and sells wines through two segments: Wholesale and Direct to Consumer, and also offers custom winemaking services and various non-wine products.
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Shares of Crimson Wine Group Ltd. (OTCMKTS:CWGL - Get Free Report) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $5.58 and traded as low as $5.40. Crimson Wine Group shares last traded at $5.40, with a volume of 4,231 shares.

Crimson Wine Group Stock Performance

The business has a 50-day moving average price of $5.57 and a 200-day moving average price of $5.63. The firm has a market capitalization of $113.02 million, a price-to-earnings ratio of -549,000.00 and a beta of 0.48. The company has a quick ratio of 3.40, a current ratio of 9.80 and a debt-to-equity ratio of 0.08.

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.

See Also

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