Crimson Wine Group, Ltd. (OTCMKTS:CWGL) Short Interest Update

Crimson Wine Group, Ltd. (OTCMKTS:CWGL) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 1,100 shares, an increase of 22.2% from the March 31st total of 900 shares. Based on an average trading volume of 14,200 shares, the short-interest ratio is presently 0.1 days.

Crimson Wine Group Stock Performance

OTCMKTS:CWGL traded up $0.17 during midday trading on Tuesday, reaching $6.13. The stock had a trading volume of 11,551 shares, compared to its average volume of 9,760. The firm has a fifty day simple moving average of $5.83 and a two-hundred day simple moving average of $5.86. Crimson Wine Group has a 12-month low of $5.38 and a 12-month high of $6.96. The company has a quick ratio of 2.77, a current ratio of 6.74 and a debt-to-equity ratio of 0.09. The stock has a market cap of $127.75 million, a P/E ratio of 39.73 and a beta of 0.47.

Crimson Wine Group (OTCMKTS:CWGL) last posted its quarterly earnings data on Tuesday, March 19th. The company reported $0.07 earnings per share for the quarter. Crimson Wine Group had a net margin of 4.31% and a return on equity of 1.67%. The firm had revenue of $21.43 million for the quarter.

Crimson Wine Group Company Profile

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