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Andrew Peller (TSE:ADW.A) Share Price Passes Above 50-Day Moving Average - Here's Why

Andrew Peller logo with Consumer Defensive background

Shares of Andrew Peller Ltd (TSE:ADW.A - Get Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$3.99 and traded as high as C$4.38. Andrew Peller shares last traded at C$4.38, with a volume of 40,055 shares changing hands.

Wall Street Analyst Weigh In

Separately, Acumen Capital reduced their price objective on Andrew Peller from C$11.00 to C$10.00 and set a "buy" rating for the company in a report on Thursday, June 20th.

View Our Latest Report on ADW.A

Andrew Peller Stock Up 1.1 %

The company has a quick ratio of 0.58, a current ratio of 3.72 and a debt-to-equity ratio of 94.21. The company has a market cap of C$156.11 million, a PE ratio of -63.29 and a beta of 0.75. The stock has a 50-day moving average of C$3.99 and a 200-day moving average of C$3.95.

About Andrew Peller

(Get Free Report)

Andrew Peller Limited engages in the production, bottling, and marketing of wines and craft beverage alcohol products in Canada. The company offers products under Peller Estates, Trius, Thirty Bench, Wayne Gretzky, Sandhill, Red Rooster, Black Hills Estate Winery, Tinhorn Creek Vineyards, Gray Monk Estate Winery, Raven Conspiracy, and Conviction brands; Peller Family Vineyards, Copper Moon, Black Cellar, and XOXO brands; and Hochtaler, Domaine D'Or, Schloss Laderheim, Royal, and Sommet brands.

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