Crimson Wine Group (OTCMKTS:CWGL) Announces Earnings Results

Crimson Wine Group (OTCMKTS:CWGL) issued its quarterly earnings results on Tuesday. The company reported $0.06 earnings per share for the quarter, Zacks reports. Crimson Wine Group had a return on equity of 0.54% and a net margin of 1.41%. The firm had revenue of $22.90 million during the quarter.

Crimson Wine Group Stock Performance

Shares of Crimson Wine Group stock opened at $5.76 on Thursday. The company has a current ratio of 5.65, a quick ratio of 1.99 and a debt-to-equity ratio of 0.08. The business has a 50-day moving average price of $5.90 and a two-hundred day moving average price of $6.27. Crimson Wine Group has a 1-year low of $5.51 and a 1-year high of $7.00. The company has a market cap of $118.70 million, a P/E ratio of 115.20 and a beta of 0.55.

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.