Crimson Wine Group (OTCMKTS:CWGL) Stock Price Passes Below 200 Day Moving Average – Time to Sell?

Crimson Wine Group Ltd. (OTCMKTS:CWGLGet Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $4.40 and traded as low as $4.0450. Crimson Wine Group shares last traded at $4.11, with a volume of 29,956 shares traded.

Crimson Wine Group Stock Performance

The firm has a market cap of $84.21 million, a P/E ratio of 81.80 and a beta of 0.42. The company has a current ratio of 10.52, a quick ratio of 2.86 and a debt-to-equity ratio of 0.19. The company’s 50-day moving average is $4.19 and its two-hundred day moving average is $4.40.

Crimson Wine Group Company Profile

(Get Free Report)

Crimson Wine Group, Inc is a U.S.-based premium wine company that acquires, manages and markets a diversified portfolio of estate vineyards and wineries. Founded in 1999 by Bill Paladino as a winery management and marketing platform, the company went public in 2012 and operates under the OTCMKTS ticker CWGL. Its core business centers on producing small-lot, high-quality wines and offering hospitality experiences at its owned and partner-operated properties.

The company’s portfolio spans multiple appellations in California and Oregon, including Napa Valley, Sonoma Coast and the Willamette Valley.

Further Reading

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