Crimson Wine Group (OTCMKTS:CWGL) Share Price Passes Above 50-Day Moving Average – Here’s What Happened

Crimson Wine Group Ltd. (OTCMKTS:CWGLGet Free Report)’s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $4.18 and traded as high as $4.65. Crimson Wine Group shares last traded at $4.5521, with a volume of 6,283 shares traded.

Crimson Wine Group Trading Up 3.1%

The company has a fifty day simple moving average of $4.18 and a two-hundred day simple moving average of $4.32. The company has a market capitalization of $93.73 million, a P/E ratio of 91.04 and a beta of 0.42. The company has a debt-to-equity ratio of 0.19, a current ratio of 10.52 and a quick ratio of 2.86.

Crimson Wine Group Company Profile

(Get Free Report)

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.

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