Crimson Wine Group (OTCMKTS:CWGL) Issues Quarterly Earnings Results

Crimson Wine Group (OTCMKTS:CWGL) released its quarterly earnings results on Thursday. The company reported $0.05 earnings per share (EPS) for the quarter, Zacks reports. Crimson Wine Group had a net margin of 0.41% and a return on equity of 0.16%.

Crimson Wine Group Stock Performance

Shares of OTCMKTS:CWGL traded up $0.06 on Friday, reaching $5.14. 8,102 shares of the company’s stock were exchanged, compared to its average volume of 8,124. Crimson Wine Group has a fifty-two week low of $4.99 and a fifty-two week high of $6.84. The business’s 50-day moving average is $5.24 and its two-hundred day moving average is $5.45. The company has a quick ratio of 3.40, a current ratio of 9.80 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $105.81 million, a price-to-earnings ratio of -514,000.00 and a beta of 0.49.

About Crimson Wine Group

Crimson Wine Group, Ltd., through its subsidiaries, produces and sells wines in the United States and internationally. It operates in two segments, Wholesale and Direct to Consumer. The company also sells bulk wines and grapes; and other non-wine products, such as merchandise, as well as provides custom winemaking services.