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

Crimson Wine Group, Ltd. (OTCMKTS:CWGL) was the target of a significant decline in short interest in October. As of October 31st, there was short interest totalling 48,500 shares, a decline of 33.3% from the October 15th total of 72,700 shares. Based on an average daily trading volume, of 11,400 shares, the days-to-cover ratio is currently 4.3 days.

Crimson Wine Group Stock Performance

Shares of OTCMKTS:CWGL remained flat at $6.70 during trading hours on Friday. 32 shares of the company’s stock were exchanged, compared to its average volume of 8,783. Crimson Wine Group has a 52 week low of $5.60 and a 52 week high of $7.00. The business’s 50-day moving average is $6.51 and its 200 day moving average is $6.11. The stock has a market cap of $138.62 million, a PE ratio of 134.00 and a beta of 0.53. The company has a quick ratio of 1.99, a current ratio of 5.65 and a debt-to-equity ratio of 0.08.

Crimson Wine Group (OTCMKTS:CWGL) last posted its earnings results on Monday, August 12th. The company reported $0.01 EPS for the quarter. The firm had revenue of $17.25 million for the quarter. Crimson Wine Group had a return on equity of 0.54% and a net margin of 1.41%.

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.