Crimson Wine Group (OTCMKTS:CWGL) Stock Price Crosses Below Two Hundred Day Moving Average - Should You Sell?

Key Points

• Crimson Wine Group's stock price has fallen below its 200-day moving average, trading at $5.36 compared to the average of $5.62.
• The company's debt-to-equity ratio is low at 0.08, indicating strong financial stability.
• Crimson Wine Group operates primarily in the wine production industry, selling its products both wholesale and directly to consumers.

Crimson Wine Group Ltd. (OTCMKTS:CWGL - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $5.62 and traded as low as $5.36. Crimson Wine Group shares last traded at $5.36, with a volume of 9,796 shares.

Crimson Wine Group Stock Up 0.8%

The firm has a 50-day simple moving average of $5.57 and a two-hundred day simple moving average of $5.61. The stock has a market cap of $110.05 million, a P/E ratio of -534,500.00 and a beta of 0.52. The company has a current ratio of 9.80, a quick ratio of 3.40 and a debt-to-equity ratio of 0.08.

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.