Crimson Wine Group (OTCMKTS:CWGL) Share Price Crosses Above 50 Day Moving Average – Time to Sell?

Crimson Wine Group Ltd. (OTCMKTS:CWGL) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $4.31 and traded as high as $4.41. Crimson Wine Group shares last traded at $4.38, with a volume of 4,063 shares.

Crimson Wine Group Stock Performance

The stock’s 50-day simple moving average is $4.31 and its 200 day simple moving average is $4.67. The company has a market capitalization of $90.18 million, a PE ratio of 87.60 and a beta of 0.42. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.29 and a current ratio of 11.54.

Crimson Wine Group (OTCMKTS:CWGL) last released its quarterly earnings data on Tuesday, March 17th. The company reported $0.04 earnings per share (EPS) for the quarter. The business had revenue of $20.31 million during the quarter. Crimson Wine Group had a net margin of 1.33% and a return on equity of 0.49%.

Crimson Wine Group Company Profile

Crimson Wine Group, Inc is a U.S.-based premium wine company that acquires, manages and markets a diversified portfolio of estate vineyards and wineries. Founded in 1999 by Bill Paladino as a winery management and marketing platform, the company went public in 2012 and operates under the OTCMKTS ticker CWGL. Its core business centers on producing small-lot, high-quality wines and offering hospitality experiences at its owned and partner-operated properties.

The company’s portfolio spans multiple appellations in California and Oregon, including Napa Valley, Sonoma Coast and the Willamette Valley.