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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.
  • Interested in Crimson Wine Group? Here are five stocks we like better.

Shares of Crimson Wine Group Ltd. (OTCMKTS:CWGL - Get Free Report) passed below its fifty day moving average during trading on Monday . The stock has a fifty 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 traded.

Crimson Wine Group Stock Performance

The firm's 50 day moving average price is $5.57 and its 200-day moving average price is $5.62. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.40 and a current ratio of 9.80. The firm has a market capitalization of $113.04 million, a PE ratio of -549,000.00 and a beta of 0.52.

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.

See Also

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