Crimson Wine Group (OTCMKTS:CWGL) Share Price Crosses Above Fifty Day Moving Average – Should You Sell?

Shares of Crimson Wine Group Ltd. (OTCMKTS:CWGLGet Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $4.21 and traded as high as $4.5750. Crimson Wine Group shares last traded at $4.5680, with a volume of 290 shares traded.

Crimson Wine Group Stock Performance

The firm has a fifty day simple moving average of $4.22 and a 200-day simple moving average of $4.31. The company has a current ratio of 10.52, a quick ratio of 2.86 and a debt-to-equity ratio of 0.19. The stock has a market cap of $92.43 million, a price-to-earnings ratio of 89.80 and a beta of 0.42.

Crimson Wine Group Company Profile

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Crimson Wine Group, Ltd. is a wine producer and marketer focused on premium and luxury wines. The company manages a portfolio of winery brands that produce wines from regions including Napa Valley, Sonoma County and other areas of California, as well as Oregon and Washington.

Its portfolio has included Pine Ridge Vineyards, Archery Summit, Chamisal Vineyards, Seghesio Family Vineyards, Double Canyon and Seven Apart. The company’s wines span varietals such as Cabernet Sauvignon, Pinot Noir, Chardonnay and Zinfandel, with products sold through wholesale distributors, retail channels and direct-to-consumer operations.

Crimson Wine Group also operates winery tasting rooms and hospitality programs that support its direct relationships with consumers and wine-club members.

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