Corby Spirit and Wine (TSE:CSW.A) Shares Pass Below 200 Day Moving Average – Should You Sell?

Corby Spirit and Wine Ltd (TSE:CSW.A)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$14.30 and traded as low as C$14.00. Corby Spirit and Wine shares last traded at C$14.18, with a volume of 25,671 shares changing hands.

Corby Spirit and Wine Stock Down 0.2%

The company has a current ratio of 2.34, a quick ratio of 1.77 and a debt-to-equity ratio of 77.55. The firm has a 50 day moving average price of C$14.27 and a 200-day moving average price of C$14.30. The firm has a market cap of C$402.84 million, a price-to-earnings ratio of 14.29 and a beta of 0.20.

About Corby Spirit and Wine

Corby Spirit and Wine Ltd is a Canadian manufacturer, marketer and importer of spirits and wines. The company derives its revenues from the sale of its owned-brands in Canada and other international markets, as well as earning commissions from the representation of selected non-owned brands in the Canadian marketplace. The company also supplements these primary sources of revenue with other ancillary activities incidental to its core business, such as logistics fees. The company has two reportable segments: Case Goods and Commissions.