Crimson Wine Group (OTCMKTS:CWGL) Posts Earnings Results

Crimson Wine Group (OTCMKTS:CWGL) issued its quarterly earnings data on Tuesday. The company reported $0.04 earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $20.31 million during the quarter. Crimson Wine Group had a return on equity of 0.64% and a net margin of 1.76%.

Crimson Wine Group Price Performance

Crimson Wine Group stock opened at $4.43 on Wednesday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.19 and a current ratio of 6.93. Crimson Wine Group has a 52-week low of $3.98 and a 52-week high of $5.96. The firm has a 50 day moving average price of $4.85 and a two-hundred day moving average price of $5.03. The firm has a market cap of $91.15 million, a price-to-earnings ratio of 88.58 and a beta of 0.51.

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.