Free Trial

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

Crimson Wine Group logo with Consumer Staples background

Shares of Crimson Wine Group, Ltd. (OTCMKTS:CWGL - Get Free Report) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $6.42 and traded as high as $6.60. Crimson Wine Group shares last traded at $6.60, with a volume of 3,558 shares.

Crimson Wine Group Stock Up 1.4 %

The company has a current ratio of 9.54, a quick ratio of 3.64 and a debt-to-equity ratio of 0.09. The stock has a market cap of $138.40 million, a price-to-earnings ratio of 50.77 and a beta of 0.53. The business's fifty day simple moving average is $6.42 and its 200 day simple moving average is $6.08.

Crimson Wine Group (OTCMKTS:CWGL - Get Free Report) last issued its quarterly earnings results on Monday, August 12th. The company reported $0.01 earnings per share for the quarter. The company had revenue of $17.25 million during the quarter. Crimson Wine Group had a net margin of 3.69% and a return on equity of 1.43%.

About Crimson Wine Group

(Get Free Report)

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.

Further Reading

Should you invest $1,000 in Crimson Wine Group right now?

Before you consider Crimson Wine Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Crimson Wine Group wasn't on the list.

While Crimson Wine Group currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Elon Musk's Next Move Cover

Wondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Palantir and the NASDAQ 100: What’s the Next Big Stock Swing for This AI Giant?
Rocket Lab Stock Explodes Higher—What’s Next for This Space Pioneer?
Why Whitestone REIT is Outperforming in 2024: 35% Growth & Monthly Dividends

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines