Crimson Wine Group (OTCMKTS:CWGL) Stock Passes Above 50-Day Moving Average – Time to Sell?

Crimson Wine Group Ltd. (OTCMKTS:CWGLGet Free Report) shares passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $4.24 and traded as high as $4.24. Crimson Wine Group shares last traded at $4.24, with a volume of 1,043 shares changing hands.

Crimson Wine Group Stock Up 2.2%

The company has a market cap of $87.30 million, a P/E ratio of 84.80 and a beta of 0.42. The stock’s 50-day moving average price is $4.24 and its 200-day moving average price is $4.52. The company has a current ratio of 11.54, a quick ratio of 3.29 and a debt-to-equity ratio of 0.23.

Crimson Wine Group Company Profile

(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.

Featured Stories

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.