Andrew Peller (TSE:ADW.A) Stock Passes Above 50 Day Moving Average – Should You Sell?

Andrew Peller Ltd (TSE:ADW.A)’s share price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$6.29 and traded as high as C$7.94. Andrew Peller shares last traded at C$7.93, with a volume of 162,837 shares traded.

Analyst Ratings Changes

Separately, Canaccord Genuity Group lowered shares of Andrew Peller from a “buy” rating to a “hold” rating in a research note on Wednesday, June 17th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Andrew Peller Stock Performance

The stock has a fifty day simple moving average of C$6.29 and a two-hundred day simple moving average of C$5.63. The company has a debt-to-equity ratio of 94.21, a quick ratio of 0.58 and a current ratio of 3.72. The stock has a market capitalization of C$348.21 million, a price-to-earnings ratio of 13.00 and a beta of 0.67.

Andrew Peller (TSE:ADW.A) last announced its quarterly earnings data on Tuesday, June 16th. The company reported C$0.14 earnings per share (EPS) for the quarter. Andrew Peller had a negative return on equity of 0.94% and a negative net margin of 0.60%.The company had revenue of C$79.47 million for the quarter. Analysts forecast that Andrew Peller Ltd will post 0.1202054 earnings per share for the current fiscal year.

About Andrew Peller

Andrew Peller Ltd is a wine producing company. It is engaged in the production and marketing of wine and spirit products in Canada. Some of the company’s brands are Peller Estates, Trius Winery, Thirty Bench, Wayne Gretzky, Sandhill, Red Rooster, Calona Vineyards and many more. The Company owns and operates over 100 well-positioned independent retail locations in Ontario under The Wine Shop, Wine Country Vintners, and Wine Country Merchants store.