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Crimson Wine Group, Ltd.
Video analysis: CWGL
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News: CWGL
Crimson Wine Group (OTCMKTS:CWGL) Shares Pass Below Two Hundred Day Moving Average – Should You Sell?
Crimson Wine Group Ltd. (OTCMKTS:CWGL - Get Free Report) crossed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $4.40 and traded as low as $4.0450. Crimson Wine Group shares last traded at $4.11, with a volume of 29,956 shares changing hands.
Crimson Q2 Loss Widens Y/Y Despite Revenue Growth of 20%
CWGL's Q2 revenues rise 20% on Raeburn shipments, but acquisition-related margin pressure and higher interest costs widen its net loss.
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