Andrew Peller (TSE:ADW.A) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Andrew Peller Ltd (TSE:ADW.A) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$4.03 and traded as high as C$4.42. Andrew Peller shares last traded at C$4.37, with a volume of 34,904 shares changing hands.

Analysts Set New Price Targets

Separately, Acumen Capital reduced their price objective on shares of Andrew Peller from C$11.00 to C$10.00 and set a “buy” rating on the stock in a research note on Thursday, June 20th.

Andrew Peller Price Performance

The company’s fifty day moving average is C$4.03 and its two-hundred day moving average is C$3.97. The company has a debt-to-equity ratio of 94.21, a quick ratio of 0.58 and a current ratio of 3.72. The firm has a market cap of C$154.00 million, a price-to-earnings ratio of -62.43 and a beta of 0.75.

Andrew Peller Company Profile

Andrew Peller Limited engages in the production, bottling, and marketing of wines and craft beverage alcohol products in Canada. The company offers products under Peller Estates, Trius, Thirty Bench, Wayne Gretzky, Sandhill, Red Rooster, Black Hills Estate Winery, Tinhorn Creek Vineyards, Gray Monk Estate Winery, Raven Conspiracy, and Conviction brands; Peller Family Vineyards, Copper Moon, Black Cellar, and XOXO brands; and Hochtaler, Domaine D'Or, Schloss Laderheim, Royal, and Sommet brands.