Andrew Peller (TSE:ADW.A) Share Price Passes Above Fifty Day Moving Average – What’s Next?

Andrew Peller Ltd (TSE:ADW.A)’s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$6.02 and traded as high as C$7.96. Andrew Peller shares last traded at C$7.96, with a volume of 343,868 shares changing hands.

Analyst Ratings Changes

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

Andrew Peller Price Performance

The stock has a 50 day moving average of C$6.02 and a two-hundred day moving average of C$5.52. 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 cap of C$349.53 million, a PE ratio of 13.05 and a beta of 0.67.

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

Andrew Peller Company Profile

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.