Crimson Wine Group (OTCMKTS:CWGL – Get Free Report) released its quarterly earnings results on Tuesday. The company reported $0.04 earnings per share for the quarter, Zacks reports. Crimson Wine Group had a return on equity of 0.64% and a net margin of 1.76%.
Crimson Wine Group Stock Down 1.6%
Crimson Wine Group stock opened at $4.43 on Wednesday. Crimson Wine Group has a one year low of $3.98 and a one year high of $5.96. The stock has a fifty day moving average of $4.85 and a 200 day moving average of $5.03. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.19 and a current ratio of 6.93. The stock has a market cap of $91.15 million, a PE ratio of 88.58 and a beta of 0.51.
About Crimson Wine Group
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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