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Crimson Wine Group (OTCMKTS:CWGL) Stock Passes Below 200 Day Moving Average - Here's Why

Crimson Wine Group logo with Consumer Staples background

Key Points

  • Crimson Wine Group's stock (OTCMKTS:CWGL) fell below its 200-day moving average of $5.60, trading at $5.37 during Thursday's session.
  • The company has a low debt-to-equity ratio of 0.08 and a market capitalization of approximately $110.57 million.
  • Crimson Wine Group operates in two segments, Wholesale and Direct to Consumer, providing various wine and 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) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $5.60 and traded as low as $5.26. Crimson Wine Group shares last traded at $5.37, with a volume of 9,470 shares changing hands.

Crimson Wine Group Stock Performance

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 firm has a fifty day simple moving average of $5.54 and a 200 day simple moving average of $5.59. The company has a market capitalization of $108.30 million, a price-to-earnings ratio of -526,000.00 and a beta of 0.52.

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.

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