Corby Spirit and Wine (TSE:CSW.A) Shares Pass Below Two Hundred Day Moving Average – Should You Sell?

Corby Spirit and Wine Ltd (TSE:CSW.A) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-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 firm has a market capitalization of C$299.73 million, a P/E ratio of 14.70 and a beta of 0.27. The stock’s fifty day simple moving average is C$12.52 and its 200 day simple moving average is C$12.87. The company has a debt-to-equity ratio of 77.55, a current ratio of 2.34 and a quick ratio of 1.77.

Corby Spirit and Wine Company Profile

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.