Crimson Wine Group (OTCMKTS:CWGL) Shares Cross Above 50-Day Moving Average – Should You Sell?

Crimson Wine Group Ltd. (OTCMKTS:CWGL) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $5.01 and traded as high as $5.1317. Crimson Wine Group shares last traded at $4.95, with a volume of 13,084 shares trading hands.

Crimson Wine Group Stock Up 0.4%

The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.19 and a current ratio of 6.93. The stock has a market capitalization of $101.92 million, a price-to-earnings ratio of 99.02 and a beta of 0.48. The firm’s fifty day simple moving average is $5.01 and its 200 day simple moving average is $5.28.

Crimson Wine Group (OTCMKTS:CWGL) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.05 earnings per share for the quarter. Crimson Wine Group had a net margin of 1.76% and a return on equity of 0.64%.

Crimson Wine Group Company Profile

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.