Crimson Wine Group (OTCMKTS:CWGL) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

Crimson Wine Group, Ltd. (OTCMKTS:CWGL) shares crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $5.89 and traded as high as $5.89. Crimson Wine Group shares last traded at $5.87, with a volume of 17,911 shares traded.

Crimson Wine Group Price Performance

The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.99 and a current ratio of 5.65. The company has a market capitalization of $121.50 million, a price-to-earnings ratio of 118.00 and a beta of 0.55. The company has a 50-day moving average price of $5.89 and a 200-day moving average price of $6.26.

Crimson Wine Group (OTCMKTS:CWGL) last issued its quarterly earnings data on Tuesday, March 18th. The company reported $0.06 earnings per share (EPS) for the quarter. The firm had revenue of $22.90 million during the quarter. Crimson Wine Group had a net margin of 1.41% and a return on equity of 0.54%.

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.