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Crimson Wine Group (OTCMKTS:CWGL) Share Price Passes Above Fifty Day Moving Average - What's Next?

Crimson Wine Group logo with Consumer Staples background

Crimson Wine Group, Ltd. (OTCMKTS:CWGL - Get Free Report)'s share price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $5.87 and traded as high as $5.90. Crimson Wine Group shares last traded at $5.80, with a volume of 5,471 shares trading hands.

Crimson Wine Group Stock Down 2.5 %

The stock has a market cap of $114.46 million, a PE ratio of 111.20 and a beta of 0.43. The business has a fifty day moving average of $5.85 and a 200-day moving average of $6.24. The company has a debt-to-equity ratio of 0.08, a current ratio of 5.65 and a quick ratio of 1.99.

Crimson Wine Group (OTCMKTS:CWGL - Get Free Report) last issued its quarterly earnings data on Tuesday, March 18th. The company reported $0.06 earnings per share (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 $22.90 million for the quarter.

About Crimson Wine Group

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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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