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

Shares of Andrew Peller Ltd (TSE:ADW.A - Get Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$4.03 and traded as high as C$4.42. Andrew Peller shares last traded at C$4.37, with a volume of 34,904 shares.

Analysts Set New Price Targets

Separately, Acumen Capital decreased their price target on shares of Andrew Peller from C$11.00 to C$10.00 and set a "buy" rating for the company in a research note on Thursday, June 20th.

Andrew Peller Stock Down 2.7 %

The stock has a fifty day moving average of C$4.03 and a 200 day moving average of C$3.97. The company has a debt-to-equity ratio of 94.21, a current ratio of 3.72 and a quick ratio of 0.58. The firm has a market capitalization of C$149.77 million, a P/E ratio of -60.71 and a beta of 0.75.

Andrew Peller Company Profile

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.