Andrew Peller (TSE:ADW.A) Stock Passes Above Fifty Day Moving Average – Should You Sell?

Shares of Andrew Peller Ltd (TSE:ADW.A) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$5.28 and traded as high as C$5.37. Andrew Peller shares last traded at C$5.27, with a volume of 41,380 shares trading hands.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a C$13.00 price objective (up from C$10.00) on shares of Andrew Peller in a report on Friday, June 13th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of C$13.00.

Andrew Peller Stock Performance

The firm has a market cap of C$185.71 million, a price-to-earnings ratio of -75.29 and a beta of 0.75. The company has a quick ratio of 0.58, a current ratio of 3.72 and a debt-to-equity ratio of 94.21. The stock has a fifty day moving average price of C$5.28 and a 200-day moving average price of C$4.89.

About Andrew Peller

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.