Corby Spirit and Wine (TSE:CSW.A) Stock Passes Below 200-Day Moving Average – Time to Sell?

Corby Spirit and Wine Ltd (TSE:CSW.AGet Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$12.88 and traded as low as C$12.50. Corby Spirit and Wine shares last traded at C$12.60, with a volume of 6,931 shares traded.

Corby Spirit and Wine Price Performance

The company has a quick ratio of 1.77, a current ratio of 2.34 and a debt-to-equity ratio of 77.55. The company has a market capitalization of C$305.80 million, a P/E ratio of 15.00 and a beta of 0.27. The business has a 50 day simple moving average of C$12.52 and a 200-day simple moving average of C$12.88.

Corby Spirit and Wine Company Profile

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Corby Spirit and Wine Limited manufactures, markets, and distributes spirits and imported wines. Its portfolio of brands include J.P. Wiser's Canadian whiskies, Lamb's rum, Polar Ice vodka, Ungava Spirits, Foreign Affair, and McGuinness liqueurs; and international brands comprise ABSOLUT vodka, Chivas Regal, The Glenlivet and Ballantine's Scotch whiskies, Jameson Irish whiskey, Beefeater gin, Malibu rum, Kahlúa liqueur, and Mumm Champagne, as well as Jacob's Creek, Stoneleigh, Graffigna, Campo Viejo, and Wyndham Estate wines.

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