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

Crimson Wine Group, Ltd. (OTCMKTS:CWGL - Get Free Report) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totalling 72,700 shares, a decline of 14.9% from the September 30th total of 85,400 shares. Based on an average trading volume of 28,400 shares, the days-to-cover ratio is presently 2.6 days.

Crimson Wine Group Trading Down 0.5 %

OTCMKTS CWGL traded down $0.04 during trading on Tuesday, hitting $6.78. 4,007 shares of the company's stock traded hands, compared to its average volume of 10,024. The company has a debt-to-equity ratio of 0.09, a current ratio of 9.54 and a quick ratio of 3.64. The stock has a fifty day moving average of $6.35 and a two-hundred day moving average of $6.05. The firm has a market cap of $140.37 million, a P/E ratio of 45.22 and a beta of 0.54. Crimson Wine Group has a 12-month low of $5.45 and a 12-month high of $7.00.

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

Crimson Wine Group Company Profile

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.