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

Andrew Peller Ltd (TSE:ADW.A) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$6.29 and traded as high as C$7.94. Andrew Peller shares last traded at C$7.93, with a volume of 162,837 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group lowered Andrew Peller from a “buy” rating to a “hold” rating in a research report on Wednesday, June 17th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Andrew Peller presently has a consensus rating of “Hold”.

Andrew Peller Stock Performance

The company has a current ratio of 3.72, a quick ratio of 0.58 and a debt-to-equity ratio of 94.21. The stock has a market cap of C$348.21 million, a price-to-earnings ratio of 13.00 and a beta of 0.67. The stock’s 50 day moving average is C$6.33 and its two-hundred day moving average is C$5.65.

Andrew Peller (TSE:ADW.A) last posted its quarterly earnings data on Tuesday, June 16th. The company reported C$0.14 EPS for the quarter. Andrew Peller had a negative net margin of 0.60% and a negative return on equity of 0.94%. The company had revenue of C$79.47 million for the quarter. Analysts anticipate that Andrew Peller Ltd will post 0.1202054 earnings per share for the current fiscal year.

Andrew Peller Company Profile

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.