Corby Spirit and Wine (TSE:CSW.A) Shares Cross Above 50-Day Moving Average – Should You Sell?

Shares of Corby Spirit and Wine Ltd (TSE:CSW.AGet Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$14.08 and traded as high as C$14.50. Corby Spirit and Wine shares last traded at C$14.47, with a volume of 3,101 shares trading hands.

Corby Spirit and Wine Trading Down 0.2%

The company has a market cap of C$411.95 million, a P/E ratio of 14.62 and a beta of 0.25. The firm’s 50 day moving average is C$14.10 and its two-hundred day moving average is C$14.24. The company has a quick ratio of 1.77, a current ratio of 2.34 and a debt-to-equity ratio of 77.55.

Corby Spirit and Wine Company Profile

(Get Free Report)

Corby Spirit and Wine Ltd is a Canadian manufacturer, marketer and importer of spirits and wines. The company derives its revenues from the sale of its owned-brands in Canada and other international markets, as well as earning commissions from the representation of selected non-owned brands in the Canadian marketplace. The company also supplements these primary sources of revenue with other ancillary activities incidental to its core business, such as logistics fees. The company has two reportable segments: Case Goods and Commissions.

Further Reading

Receive News & Ratings for Corby Spirit and Wine Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Corby Spirit and Wine and related companies with MarketBeat.com's FREE daily email newsletter.