Crimson Wine Group (OTCMKTS:CWGL) Stock Breaks Above Fifty Day Moving Average – Should You Sell?

Crimson Wine Group Ltd. (OTCMKTS:CWGL – Get Free Report)’s stock price crossed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $4.30 and traded as high as $4.30. Crimson Wine Group shares last traded at $4.30, with a volume of 14,802 shares.

Crimson Wine Group Price Performance

The company has a 50 day moving average of $4.32 and a 200-day moving average of $4.28. The firm has a market capitalization of $91.21 million, a P/E ratio of 88.60 and a beta of 0.41. The company has a current ratio of 10.52, a quick ratio of 2.86 and a debt-to-equity ratio of 0.19.

Crimson Wine Group Company Profile

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Crimson Wine Group, Ltd. is a premium wine company that produces, markets and sells wines through a portfolio of winery and vineyard brands. Its products include a range of varietal and blended wines, with an emphasis on wines made from grapes grown in established U.S. wine regions.

The company’s brand portfolio has included Pine Ridge Vineyards and Archery Summit, as well as Chamisal Vineyards, Seghesio Family Vineyards, Double Canyon and Malene. These brands offer wines such as Cabernet Sauvignon, Pinot Noir, Chardonnay, Zinfandel and rosé, among other varieties.

Crimson Wine Group’s operations span several prominent U.S.

Further Reading

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