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

Crimson Wine Group Ltd. (OTCMKTS:CWGLGet Free Report)’s stock price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $4.24 and traded as high as $4.24. Crimson Wine Group shares last traded at $4.24, with a volume of 1,043 shares trading hands.

Crimson Wine Group Trading Up 0.5%

The business has a fifty day moving average price of $4.24 and a two-hundred day moving average price of $4.51. The company has a current ratio of 11.54, a quick ratio of 3.29 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $82.76 million, a PE ratio of 80.40 and a beta of 0.42.

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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