Andrew Peller (TSE:ADW.A) Stock Crosses Above 50 Day Moving Average – Here’s Why

Andrew Peller Ltd (TSE:ADW.A) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$7.02 and traded as high as C$7.98. Andrew Peller shares last traded at C$7.98, with a volume of 75,233 shares.

Analyst Ratings Changes

Separately, Canaccord Genuity Group downgraded shares of Andrew Peller from a “buy” rating to a “hold” rating in a research report on Wednesday, June 17th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Andrew Peller presently has a consensus rating of “Hold”.

Andrew Peller Stock Up 0.1%

The business has a 50-day moving average of C$7.02 and a 200 day moving average of C$5.94. The company has a market capitalization of C$350.41 million, a PE ratio of 13.08 and a beta of 0.51. The company has a debt-to-equity ratio of 94.21, a current ratio of 3.72 and a quick ratio of 0.58.

Andrew Peller (TSE:ADW.A) last posted its earnings results on Tuesday, June 16th. The company reported C$0.14 EPS for the quarter. The firm had revenue of C$79.47 million during the quarter. Andrew Peller had a negative return on equity of 0.94% and a negative net margin of 0.60%. Equities research analysts predict that Andrew Peller Ltd will post 0.1202054 earnings per share for the current year.

Andrew Peller Company Profile

Andrew Peller Ltd is a wine producing company. It is engaged in the production and marketing of wine and spirit products in Canada. Some of the company’s brands are Peller Estates, Trius Winery, Thirty Bench, Wayne Gretzky, Sandhill, Red Rooster, Calona Vineyards and many more. The Company owns and operates over 100 well-positioned independent retail locations in Ontario under The Wine Shop, Wine Country Vintners, and Wine Country Merchants store.