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

Andrew Peller Ltd (TSE:ADW.A) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$4.28 and traded as high as C$5.02. Andrew Peller shares last traded at C$5.02, with a volume of 112,161 shares.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group raised their target price on Andrew Peller from C$9.00 to C$10.00 in a research note on Friday, February 7th.

Andrew Peller Stock Up 2.4 %

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 50 day simple moving average of C$4.28 and a 200 day simple moving average of C$4.12. The stock has a market cap of C$176.90 million, a price-to-earnings ratio of -71.71 and a beta of 0.75.

About Andrew Peller

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.