Crimson Wine Group, Ltd. (OTCMKTS:CWGL) Short Interest Update

Crimson Wine Group, Ltd. (OTCMKTS:CWGL) was the target of a significant drop in short interest during the month of March. As of March 31st, there was short interest totalling 900 shares, a drop of 10.0% from the March 15th total of 1,000 shares. Based on an average trading volume of 26,900 shares, the short-interest ratio is presently 0.0 days.

Crimson Wine Group Price Performance

Shares of OTCMKTS CWGL opened at $5.90 on Wednesday. The company has a debt-to-equity ratio of 0.09, a current ratio of 6.74 and a quick ratio of 2.77. The stock has a fifty day moving average price of $5.83 and a 200 day moving average price of $5.86. Crimson Wine Group has a 1-year low of $5.38 and a 1-year high of $6.96. The company has a market cap of $123.02 million, a PE ratio of 38.73 and a beta of 0.47.

Crimson Wine Group (OTCMKTS:CWGL) last released its earnings results on Tuesday, March 19th. The company reported $0.07 EPS for the quarter. Crimson Wine Group had a return on equity of 1.67% and a net margin of 4.31%. The company had revenue of $21.43 million during the quarter.

About Crimson Wine Group

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