Crimson Wine Group (OTCMKTS:CWGL) Stock Price Crosses Below Two Hundred Day Moving Average – What’s Next?

Crimson Wine Group Ltd. (OTCMKTS:CWGLGet Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $4.45 and traded as low as $4.15. Crimson Wine Group shares last traded at $4.15, with a volume of 103 shares traded.

Crimson Wine Group Price Performance

The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.29 and a current ratio of 11.54. The firm has a market cap of $80.30 million, a P/E ratio of 78.00 and a beta of 0.42. The company has a 50-day moving average of $4.22 and a 200 day moving average of $4.44.

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.

Further Reading

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.