Crimson Wine Group (OTCMKTS:CWGL) Stock Passes Above 50-Day Moving Average – Time to Sell?

Crimson Wine Group Ltd. (OTCMKTS:CWGLGet Free Report)’s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $4.24 and traded as high as $4.24. Crimson Wine Group shares last traded at $4.24, with a volume of 1,043 shares trading hands.

Crimson Wine Group Stock Up 2.2%

The firm has a market cap of $87.30 million, a price-to-earnings ratio of 84.80 and a beta of 0.42. The firm has a 50 day moving average of $4.24 and a 200 day moving average of $4.52. The company has a quick ratio of 3.29, a current ratio of 11.54 and a debt-to-equity ratio of 0.23.

About Crimson Wine Group

(Get Free Report)

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.

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