Andrew Peller (TSE:ADW.A) Stock Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Andrew Peller Ltd (TSE:ADW.A)’s share price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$4.60 and traded as low as C$4.38. Andrew Peller shares last traded at C$4.39, with a volume of 6,138 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group lifted their price target on Andrew Peller from C$9.00 to C$10.00 in a report on Friday, February 7th.

Andrew Peller Stock Performance

The stock has a 50-day moving average of C$4.59 and a 200 day moving average of C$4.38. 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 stock has a market capitalization of C$154.70 million, a price-to-earnings ratio of -62.71 and a beta of 0.75.

About Andrew Peller

Andrew Peller Ltd is a wine producing company. It is engaged in the production and marketing of wine and spirit products in Canada. Some of the company’s brands are Peller Estates, Trius Winery, Thirty Bench, Wayne Gretzky, Sandhill, Red Rooster, Calona Vineyards and many more. The Company owns and operates over 100 well-positioned independent retail locations in Ontario under The Wine Shop, Wine Country Vintners, and Wine Country Merchants store.