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Crimson Wine Group (OTCMKTS:CWGL) Share Price Passes Below 50 Day Moving Average - Should You Sell?

Crimson Wine Group logo with Consumer Staples background

Crimson Wine Group Ltd. (OTCMKTS:CWGL - Get Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $5.54 and traded as low as $5.49. Crimson Wine Group shares last traded at $5.52, with a volume of 10,097 shares.

Crimson Wine Group Trading Down 0.4%

The firm has a 50 day moving average price of $5.53 and a two-hundred day moving average price of $5.78. The firm has a market capitalization of $113.25 million, a P/E ratio of 275.14 and a beta of 0.48. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.63 and a current ratio of 10.88.

Crimson Wine Group (OTCMKTS:CWGL - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported ($0.05) earnings per share for the quarter. The company had revenue of $14.46 million during 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.

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