Crimson Wine Group (OTCMKTS:CWGL) Releases Quarterly Earnings Results

Crimson Wine Group (OTCMKTS:CWGL) announced its quarterly earnings data on Thursday. The company reported $0.05 earnings per share (EPS) for the quarter, Zacks reports. Crimson Wine Group had a return on equity of 0.16% and a net margin of 0.41%.

Crimson Wine Group Price Performance

Shares of CWGL stock traded up $0.06 during trading on Friday, hitting $5.14. The company had a trading volume of 8,102 shares, compared to its average volume of 8,124. The firm has a market capitalization of $105.81 million, a P/E ratio of -514,000.00 and a beta of 0.49. The stock’s 50-day moving average price is $5.23 and its 200 day moving average price is $5.45. Crimson Wine Group has a one year low of $4.99 and a one year high of $6.84. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.40 and a current ratio of 9.80.

Crimson Wine Group Company Profile

Crimson Wine Group, Ltd., through its subsidiaries, produces and sells wines in the United States and internationally. It operates in two segments, Wholesale and Direct to Consumer. The company also sells bulk wines and grapes; and other non-wine products, such as merchandise, as well as provides custom winemaking services.