Crimson Wine Group (OTCMKTS:CWGL) Stock Price Crosses Above Fifty Day Moving Average of $5.83

Crimson Wine Group, Ltd. (OTCMKTS:CWGL) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $5.83 and traded as high as $5.96. Crimson Wine Group shares last traded at $5.81, with a volume of 7,251 shares changing hands.

Crimson Wine Group Price Performance

The stock has a market capitalization of $121.20 million, a P/E ratio of 38.73 and a beta of 0.47. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.77 and a current ratio of 6.74. The business has a fifty day simple moving average of $5.83 and a 200-day simple moving average of $5.87.

Crimson Wine Group (OTCMKTS:CWGL) last released its earnings results on Tuesday, March 19th. The company reported $0.07 earnings per share (EPS) for the quarter. The company had revenue of $21.43 million for the quarter. Crimson Wine Group had a net margin of 4.31% and a return on equity of 1.67%.

About Crimson Wine Group

Crimson Wine Group, Ltd., through its subsidiaries, engages in the production and sale of wines in the United States and internationally. The company operates through two segments, Wholesale and Direct to Consumer. It also sells bulk wines and grapes; and other non-wine products, such as merchandise custom winemaking, as well as provides custom winemaking services.