Crimson Wine Group, Ltd. (OTCMKTS:CWGL) Short Interest Down 11.6% in July

Crimson Wine Group, Ltd. (OTCMKTS:CWGL) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totalling 7,600 shares, a decline of 11.6% from the June 30th total of 8,600 shares. Based on an average daily trading volume, of 11,600 shares, the short-interest ratio is presently 0.7 days.

Crimson Wine Group Stock Down 0.4 %

Shares of Crimson Wine Group stock traded down $0.02 during trading on Wednesday, reaching $5.95. The company had a trading volume of 2,977 shares, compared to its average volume of 8,309. The company has a debt-to-equity ratio of 0.09, a quick ratio of 3.82 and a current ratio of 10.27. Crimson Wine Group has a fifty-two week low of $5.38 and a fifty-two week high of $6.65. The firm’s fifty day moving average is $5.85 and its 200-day moving average is $5.86. The company has a market cap of $123.64 million, a price-to-earnings ratio of 39.67 and a beta of 0.53.

Crimson Wine Group (OTCMKTS:CWGL) last announced its earnings results on Thursday, May 9th. The company reported ($0.03) earnings per share (EPS) for the quarter. Crimson Wine Group had a return on equity of 1.66% and a net margin of 4.24%. The company had revenue of $15.93 million for the quarter.

About Crimson Wine Group

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.