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

Crimson Wine Group Ltd. (OTCMKTS:CWGLGet Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $4.98 and traded as high as $5.0325. Crimson Wine Group shares last traded at $5.0325, with a volume of 3,988 shares traded.

Crimson Wine Group Stock Performance

The stock has a market cap of $103.60 million, a P/E ratio of 100.67 and a beta of 0.51. The business has a 50 day moving average price of $4.98 and a 200 day moving average price of $5.14. The company has a quick ratio of 2.19, a current ratio of 6.93 and a debt-to-equity ratio of 0.08.

About Crimson Wine Group

(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.

Read More

Receive News & Ratings for Crimson Wine Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crimson Wine Group and related companies with MarketBeat.com's FREE daily email newsletter.