Gaucho Group (OTCMKTS:VINO) Stock Crosses Below 50 Day Moving Average of $1.33

Gaucho Group Holdings, Inc. (OTCMKTS:VINOGet Rating) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $1.33 and traded as low as $0.61. Gaucho Group shares last traded at $0.62, with a volume of 110,746 shares.

The company has a quick ratio of 0.47, a current ratio of 0.66 and a debt-to-equity ratio of 0.01. The company’s fifty day simple moving average is $1.33 and its 200 day simple moving average is $1.89.

Gaucho Group (OTCMKTS:VINOGet Rating) last issued its quarterly earnings data on Thursday, April 14th. The company reported ($0.09) EPS for the quarter. Gaucho Group had a negative return on equity of 26.23% and a negative net margin of 64.73%. The company had revenue of $1.70 million during the quarter.

Several hedge funds have recently added to or reduced their stakes in the company. Geode Capital Management LLC lifted its holdings in shares of Gaucho Group by 315.7% during the third quarter. Geode Capital Management LLC now owns 115,901 shares of the company’s stock valued at $355,000 after purchasing an additional 88,022 shares during the last quarter. Pekin Hardy Strauss Inc. purchased a new position in shares of Gaucho Group during the first quarter valued at approximately $103,000. LPL Financial LLC purchased a new position in shares of Gaucho Group during the third quarter valued at approximately $106,000. InterOcean Capital Group LLC purchased a new position in shares of Gaucho Group during the first quarter valued at approximately $60,000. Finally, Stephens Inc. AR purchased a new position in shares of Gaucho Group during the fourth quarter valued at approximately $45,000. Hedge funds and other institutional investors own 13.98% of the company’s stock.

About Gaucho Group (OTCMKTS:VINO)

Gaucho Group Holdings, Inc, through its subsidiaries, invests in, develops, and operates real estate projects in Argentina. The company owns and operates boutique hotel, hospitality, and luxury vineyard property market; a resort and winery property, 9-hole golf course, tennis courts, dining, and a hotel.

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