Crimson Wine Group (OTCMKTS:CWGL) Announces Quarterly Earnings Results

Crimson Wine Group (OTCMKTS:CWGL) released its earnings results on Tuesday. The company reported $0.06 EPS for the quarter, Zacks reports. Crimson Wine Group had a return on equity of 0.54% and a net margin of 1.41%.

Crimson Wine Group Stock Performance

Shares of OTCMKTS:CWGL traded up $0.02 during trading on Tuesday, reaching $5.85. 1,136 shares of the company’s stock traded hands, compared to its average volume of 10,662. The company has a debt-to-equity ratio of 0.08, a current ratio of 5.65 and a quick ratio of 1.99. The company has a 50 day moving average of $5.91 and a 200-day moving average of $6.27. Crimson Wine Group has a 12 month low of $5.51 and a 12 month high of $7.00. The stock has a market capitalization of $120.55 million, a P/E ratio of 117.00 and a beta of 0.55.

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.