Crimson Wine Group Ltd (CWGL) Director Joseph S. Steinberg Buys 5,942 Shares of Stock
Crimson Wine Group Ltd (NASDAQ:CWGL) Director Joseph S. Steinberg purchased 5,942 shares of the business’s stock in a transaction dated Monday, September 26th. The stock was bought at an average cost of $8.62 per share, with a total value of $51,220.04. Following the completion of the acquisition, the director now owns 250,211 shares of the company’s stock, valued at $2,156,818.82. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website.
Crimson Wine Group Ltd (NASDAQ:CWGL) opened at 8.64 on Wednesday. The firm has a market capitalization of $208.16 million and a PE ratio of 64.48. Crimson Wine Group Ltd has a 12-month low of $7.58 and a 12-month high of $9.42. The stock has a 50 day moving average price of $8.54 and a 200-day moving average price of $8.48.
About Crimson Wine Group
Crimson Wine Group, Ltd. (Crimson) is engaged in producing and selling ultra-premium and luxury wines. The Company operates through two segments: Wholesale Sales and Direct to Consumer Sales. The Wholesale Sales segment includes all sales through a third party where prices are given at a wholesale rate whereas Direct to Consumer Sales segment includes retail sales in the tasting room, remote sites and at on-site events, Wine Club sales, and other sales made directly to the consumer without the use of an intermediary.
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