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

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

Crimson Wine Group Price Performance

CWGL stock traded up $0.17 during trading hours on Tuesday, hitting $6.13. 11,551 shares of the stock traded hands, compared to its average volume of 9,760. The stock has a 50-day simple moving average of $5.83 and a 200 day simple moving average of $5.86. Crimson Wine Group has a one year low of $5.38 and a one year high of $6.96. The company has a market cap of $127.75 million, a P/E ratio of 39.73 and a beta of 0.47. The company has a current ratio of 6.74, a quick ratio of 2.77 and a debt-to-equity ratio of 0.09.

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