Andrew Peller (TSE:ADW.A) Trading 39.5% Higher – What’s Next?

Andrew Peller Ltd (TSE:ADW.A)’s share price traded up 39.5% on Monday . The company traded as high as C$7.98 and last traded at C$7.94. 1,466,737 shares changed hands during trading, an increase of 3,551% from the average session volume of 40,170 shares. The stock had previously closed at C$5.69.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group downgraded Andrew Peller from a “buy” rating to a “hold” rating in a report on Wednesday. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Andrew Peller has an average rating of “Hold”.

Andrew Peller Stock Down 0.1%

The company has a current ratio of 3.72, a quick ratio of 0.58 and a debt-to-equity ratio of 94.21. The firm has a market capitalization of C$346.26 million, a PE ratio of 17.24 and a beta of 0.67. The firm has a 50-day moving average of C$5.76 and a two-hundred day moving average of C$5.42.

Andrew Peller (TSE:ADW.A) last issued its earnings results on Tuesday, June 16th. The company reported C$0.14 earnings per share for the quarter. Andrew Peller had a negative return on equity of 0.94% and a negative net margin of 0.60%.The business had revenue of C$79.48 million for the quarter. On average, equities research analysts forecast that Andrew Peller Ltd will post 0.1202054 EPS for the current year.

Andrew Peller Company Profile

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.