Andrew Peller (TSE:ADW.A) Shares Pass Above Fifty Day Moving Average – Time to Sell?

Andrew Peller Ltd (TSE:ADW.A) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$4.07 and traded as high as C$4.85. Andrew Peller shares last traded at C$4.82, with a volume of 98,386 shares changing hands.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group raised their target price on Andrew Peller from C$9.00 to C$10.00 in a report on Friday.

Andrew Peller Stock Performance

The company has a quick ratio of 0.58, a current ratio of 3.72 and a debt-to-equity ratio of 94.21. The stock has a market cap of C$174.09 million, a price-to-earnings ratio of -70.57 and a beta of 0.75. The stock’s fifty day moving average is C$4.11 and its 200-day moving average is C$4.08.

Andrew Peller Company Profile

Andrew Peller Ltd is a wine producing company. It is engaged in the production and marketing of wine and spirit products in Canada. Some of the company’s brands are Peller Estates, Trius Winery, Thirty Bench, Wayne Gretzky, Sandhill, Red Rooster, Calona Vineyards and many more. The Company owns and operates over 100 well-positioned independent retail locations in Ontario under The Wine Shop, Wine Country Vintners, and Wine Country Merchants store.