Crimson Wine Group (OTCMKTS:CWGL) Stock Passes Below 50 Day Moving Average – Should You Sell?

Crimson Wine Group Ltd. (OTCMKTS:CWGLGet Free Report) shares passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $5.35 and traded as low as $5.05. Crimson Wine Group shares last traded at $5.20, with a volume of 11,634 shares changing hands.

Crimson Wine Group Price Performance

The company has a debt-to-equity ratio of 0.08, a current ratio of 9.80 and a quick ratio of 3.40. The company’s 50 day moving average price is $5.35 and its 200 day moving average price is $5.50. The firm has a market capitalization of $107.05 million, a P/E ratio of -520,000.00 and a beta of 0.50.

About Crimson Wine Group

(Get Free Report)

Crimson Wine Group, Ltd., through its subsidiaries, produces and sells wines in the United States and internationally. It operates in two segments, Wholesale and Direct to Consumer. The company also sells bulk wines and grapes; and other non-wine products, such as merchandise, as well as provides custom winemaking services.

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