Crimson Wine Group (OTCMKTS:CWGL) Stock Price Down 1.6% – Should You Sell?

Crimson Wine Group Ltd. (OTCMKTS:CWGL – Get Free Report) traded down 1.6% during mid-day trading on Thursday. The stock traded as low as $3.80 and last traded at $3.80. Approximately 16,925 shares changed hands during mid-day trading, an increase of 107% from the average session volume of 8,186 shares. The stock had previously closed at $3.86.

Crimson Wine Group Trading Down 1.6%

The company has a current ratio of 5.50, a quick ratio of 1.47 and a debt-to-equity ratio of 0.17. The business has a 50 day moving average of $4.24 and a 200-day moving average of $4.35. The stock has a market cap of $78.24 million, a PE ratio of 76.00 and a beta of 0.41.

About Crimson Wine Group

(Get Free Report)

Crimson Wine Group, Ltd. is a premium wine company that produces, markets and sells wines from estate-owned and estate-managed vineyards. Its portfolio includes wines across several varieties and price points, with an emphasis on terroir-driven products and established regional brands. The company’s brand portfolio includes Pine Ridge Vineyards and Double Canyon, as well as Archery Summit, Chamisal Vineyards, Seghesio Family Vineyards, Seven Hills Winery and Malene. These brands represent wine-producing regions in California, Oregon and Washington, including Napa Valley, the Willamette Valley, Sonoma County, Edna Valley, the Walla Walla Valley and the Horse Heaven Hills.

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