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

Crimson Wine Group, Ltd. (OTCMKTS:CWGL - Get Free Report) was the recipient of a large decrease in short interest in October. As of October 31st, there was short interest totalling 48,500 shares, a decrease of 33.3% from the October 15th total of 72,700 shares. Based on an average trading volume of 11,400 shares, the short-interest ratio is currently 4.3 days.

Crimson Wine Group Price Performance

Shares of OTCMKTS CWGL remained flat at $6.70 during midday trading on Friday. 32 shares of the stock traded hands, compared to its average volume of 8,783. The company has a debt-to-equity ratio of 0.08, a current ratio of 5.65 and a quick ratio of 1.99. The stock has a market capitalization of $138.62 million, a price-to-earnings ratio of 134.00 and a beta of 0.53. The company's 50-day moving average price is $6.51 and its two-hundred day moving average price is $6.11. Crimson Wine Group has a twelve month low of $5.60 and a twelve month high of $7.00.

Crimson Wine Group (OTCMKTS:CWGL - Get Free Report) last issued its quarterly earnings results on Monday, August 12th. The company reported $0.01 EPS for the quarter. Crimson Wine Group had a net margin of 1.41% and a return on equity of 0.54%. The company had revenue of $17.25 million during the quarter.

About Crimson Wine Group

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

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