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

Key Points

• Crimson Wine Group's stock (OTCMKTS:CWGL) fell below its 50-day moving average of $5.40, trading as low as $5.20 during recent trading sessions.
• The company has a market capitalization of $108.10 million and reports a low debt-to-equity ratio of 0.08.
• Despite its current challenges, Crimson Wine Group operates in both Wholesale and Direct to Consumer segments, including the sale of bulk wines and custom winemaking services.

Crimson Wine Group Ltd. (OTCMKTS:CWGL - ) shares crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $5.40 and traded as low as $5.20. Crimson Wine Group shares last traded at $5.25, with a volume of 83,401 shares.

Crimson Wine Group Stock Down 1.1%

The stock has a fifty day moving average price of $5.40 and a 200 day moving average price of $5.53. The company has a debt-to-equity ratio of 0.08, a current ratio of 9.80 and a quick ratio of 3.40. The stock has a market capitalization of $108.10 million, a P/E ratio of -525,000.00 and a beta of 0.50.

Crimson Wine Group Company Profile

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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