Andrew Peller (TSE:ADW.A) Stock Passes Above 50-Day Moving Average – Here’s Why

Andrew Peller Ltd (TSE:ADW.A) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$4.55 and traded as high as C$4.95. Andrew Peller shares last traded at C$4.86, with a volume of 22,668 shares.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group boosted their price objective on Andrew Peller from C$9.00 to C$10.00 in a report on Friday, February 7th.

Andrew Peller Trading Down 1.2 %

The firm has a market cap of C$171.27 million, a P/E ratio of -69.43 and a beta of 0.75. The company has a 50 day moving average of C$4.55 and a 200 day moving average of C$4.21. The company has a debt-to-equity ratio of 94.21, a quick ratio of 0.58 and a current ratio of 3.72.

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.