Crimson Wine Group (OTCMKTS:CWGL) Share Price Crosses Below 50-Day Moving Average of $7.51

Crimson Wine Group, Ltd. (OTCMKTS:CWGLGet Rating) shares passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $7.51 and traded as low as $7.02. Crimson Wine Group shares last traded at $7.19, with a volume of 2,128 shares changing hands.

The stock has a market capitalization of $161.24 million, a price-to-earnings ratio of 34.24 and a beta of 0.33. The business has a fifty day moving average of $7.51 and a 200 day moving average of $7.87. The company has a debt-to-equity ratio of 0.10, a current ratio of 9.94 and a quick ratio of 5.28.

Crimson Wine Group (OTCMKTS:CWGLGet Rating) last released its quarterly earnings results on Wednesday, May 11th. The company reported ($0.01) EPS for the quarter. Crimson Wine Group had a return on equity of 0.95% and a net margin of 6.70%. The firm had revenue of $18.62 million for the quarter.

About Crimson Wine Group (OTCMKTS:CWGL)

Crimson Wine Group, Ltd., through its subsidiaries, engages in the production and sale of wines. It operates through two segments, Wholesale and Direct to Consumer. The company sells wines through independent wine and spirit distributors in the United States; and independent importers and brokers internationally.

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