Andrew Peller (TSE:ADW.A) Downgraded by Canaccord Genuity Group to “Hold”

Andrew Peller (TSE:ADW.A) was downgraded by equities research analysts at Canaccord Genuity Group from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday,BayStreet.CA reports.

Andrew Peller Trading Down 0.1%

Andrew Peller stock traded down C$0.01 during midday trading on Wednesday, hitting C$7.93. 169,963 shares of the stock were exchanged, compared to its average volume of 49,297. Andrew Peller has a fifty-two week low of C$4.91 and a fifty-two week high of C$7.98. The stock has a market capitalization of C$346.26 million, a price-to-earnings ratio of 17.24 and a beta of 0.67. The stock’s 50-day simple moving average is C$5.71 and its 200 day simple moving average is C$5.40. The company has a current ratio of 3.72, a quick ratio of 0.58 and a debt-to-equity ratio of 94.21.

Andrew Peller (TSE:ADW.A) last released its quarterly earnings data on Tuesday, June 16th. The company reported C$0.14 earnings per share (EPS) for the quarter. Andrew Peller had a negative net margin of 0.60% and a negative return on equity of 0.94%. The firm had revenue of C$79.48 million during the quarter. On average, equities analysts anticipate that Andrew Peller will post 0.1202054 EPS for the current year.

Andrew Peller Company Profile

Andrew Peller Ltd is a wine producing company. It is engaged in the production and marketing of wine and spirit products in Canada. Some of the company’s brands are Peller Estates, Trius Winery, Thirty Bench, Wayne Gretzky, Sandhill, Red Rooster, Calona Vineyards and many more. The Company owns and operates over 100 well-positioned independent retail locations in Ontario under The Wine Shop, Wine Country Vintners, and Wine Country Merchants store.