Crimson Wine Group (OTCMKTS:CWGL) Share Price Crosses Above 50 Day Moving Average - Here's What Happened

Crimson Wine Group, Ltd. (OTCMKTS:CWGL - Get Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $5.81 and traded as high as $5.82. Crimson Wine Group shares last traded at $5.82, with a volume of 8,846 shares changing hands.

Crimson Wine Group Trading Up 1.3 %

The stock has a market cap of $116.11 million, a P/E ratio of 112.80 and a beta of 0.43. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.99 and a current ratio of 5.65. The company has a 50-day simple moving average of $5.78 and a 200-day simple moving average of $6.20.

Crimson Wine Group (OTCMKTS:CWGL - Get Free Report) last posted its earnings results on Tuesday, March 18th. The company reported $0.06 earnings per share (EPS) for the quarter. Crimson Wine Group had a return on equity of 0.54% and a net margin of 1.41%. The firm had revenue of $22.90 million for 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.