Corby Spirit and Wine (TSE:CSW.A) Stock Passes Below 200-Day Moving Average – Time to Sell?

Corby Spirit and Wine Ltd (TSE:CSW.A) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$12.88 and traded as low as C$12.50. Corby Spirit and Wine shares last traded at C$12.60, with a volume of 6,931 shares trading hands.

Corby Spirit and Wine Price Performance

The company has a market capitalization of C$305.80 million, a price-to-earnings ratio of 15.00 and a beta of 0.27. The company has a debt-to-equity ratio of 77.55, a current ratio of 2.34 and a quick ratio of 1.77. The business has a fifty day moving average price of C$12.52 and a 200 day moving average price of C$12.88.

About Corby Spirit and Wine

Corby Spirit and Wine Limited manufactures, markets, and distributes spirits and imported wines. Its portfolio of brands include J.P. Wiser's Canadian whiskies, Lamb's rum, Polar Ice vodka, Ungava Spirits, Foreign Affair, and McGuinness liqueurs; and international brands comprise ABSOLUT vodka, Chivas Regal, The Glenlivet and Ballantine's Scotch whiskies, Jameson Irish whiskey, Beefeater gin, Malibu rum, Kahlúa liqueur, and Mumm Champagne, as well as Jacob's Creek, Stoneleigh, Graffigna, Campo Viejo, and Wyndham Estate wines.