Crimson Wine Group Ltd (CWGL) Director Joseph S. Steinberg Acquires 5,800 Shares

Crimson Wine Group Ltd (OTCMKTS:CWGL) Director Joseph S. Steinberg bought 5,800 shares of Crimson Wine Group stock in a transaction dated Wednesday, June 13th. The shares were bought at an average cost of $9.33 per share, with a total value of $54,114.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of Crimson Wine Group traded up $0.05, hitting $9.30, during mid-day trading on Thursday, according to 14,304 shares of the company traded hands, compared to its average volume of 24,840. Crimson Wine Group Ltd has a 1 year low of $8.97 and a 1 year high of $11.35. The company has a market cap of $223.82 million, a price-to-earnings ratio of 46.70 and a beta of 0.01. The company has a quick ratio of 4.75, a current ratio of 15.81 and a debt-to-equity ratio of 0.11.

Crimson Wine Group (OTCMKTS:CWGL) last announced its quarterly earnings data on Wednesday, March 14th. The company reported $0.20 earnings per share (EPS) for the quarter. The firm had revenue of $19.86 million during the quarter. Crimson Wine Group had a return on equity of 2.33% and a net margin of 7.45%.

Separately, ValuEngine downgraded Crimson Wine Group from a “hold” rating to a “sell” rating in a report on Tuesday, May 22nd.

About Crimson Wine Group

Crimson Wine Group, Ltd., through its subsidiaries, engages in the production and sale of ultra-premium and wines. It operates through two segments, Wholesale and Direct to Consumer. The company sells wines through independent wine and spirit distributors in the United States; and independent importers and brokers internationally.

Insider Buying and Selling by Quarter for Crimson Wine Group (OTCMKTS:CWGL)

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