Andrew Peller (TSE:ADW.A) Shares Pass Above 50 Day Moving Average of $3.87

Andrew Peller Ltd (TSE:ADW.A)’s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$3.87 and traded as high as C$3.87. Andrew Peller shares last traded at C$3.83, with a volume of 22,879 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Acumen Capital cut their target price on Andrew Peller from C$11.00 to C$10.00 and set a “buy” rating for the company in a research report on Thursday, June 20th.

Andrew Peller Stock Down 1.5 %

The stock’s fifty day simple moving average is C$3.87 and its 200-day simple moving average is C$4.15. The company has a debt-to-equity ratio of 87.27, a quick ratio of 0.58 and a current ratio of 4.93. The stock has a market cap of C$134.97 million, a P/E ratio of -27.36 and a beta of 0.71.

About Andrew Peller

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.