Crimson Wine Group (OTCMKTS:CWGL) Shares Cross Above 50 Day Moving Average – Time to Sell?

Shares of Crimson Wine Group Ltd. (OTCMKTS:CWGL) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $5.00 and traded as high as $5.10. Crimson Wine Group shares last traded at $5.06, with a volume of 5,582 shares changing hands.

Crimson Wine Group Trading Up 0.8%

The firm’s 50-day simple moving average is $5.00 and its 200-day simple moving average is $5.25. The company has a quick ratio of 2.19, a current ratio of 6.93 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $105.01 million, a PE ratio of 102.02 and a beta of 0.48.

Crimson Wine Group (OTCMKTS:CWGL) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.05 EPS for the quarter. Crimson Wine Group had a return on equity of 0.64% and a net margin of 1.76%.

Crimson Wine Group Company Profile

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.