Crimson Wine Group (OTCMKTS:CWGL) Share Price Crosses Above 50-Day Moving Average of $7.39

Shares of Crimson Wine Group Ltd (OTCMKTS:CWGL) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $7.39 and traded as high as $7.88. Crimson Wine Group shares last traded at $7.85, with a volume of 1,164 shares trading hands.

The business’s 50-day simple moving average is $7.40 and its 200-day simple moving average is $7.74. The stock has a market cap of $183.98 million, a PE ratio of 31.20 and a beta of -0.04. The company has a quick ratio of 4.11, a current ratio of 12.36 and a debt-to-equity ratio of 0.10.

About Crimson Wine Group (OTCMKTS:CWGL)

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.

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