Diamond Estates Wines & Spirits (CVE:DWS) Hits New 1-Year Low at $0.18

Diamond Estates Wines & Spirits Inc. (CVE:DWS)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.18 and last traded at C$0.18, with a volume of 40800 shares. The stock had previously closed at C$0.19.

Diamond Estates Wines & Spirits Price Performance

The company has a quick ratio of 0.11, a current ratio of 1.46 and a debt-to-equity ratio of 114.94. The firm has a market capitalization of C$8.62 million, a PE ratio of -0.38 and a beta of 1.89. The firm’s fifty day simple moving average is C$0.24 and its 200-day simple moving average is C$0.25.

Diamond Estates Wines & Spirits (CVE:DWS) last issued its earnings results on Thursday, February 22nd. The company reported C($0.14) earnings per share (EPS) for the quarter. The firm had revenue of C$7.32 million during the quarter. Diamond Estates Wines & Spirits had a negative return on equity of 59.71% and a negative net margin of 49.58%. On average, research analysts forecast that Diamond Estates Wines & Spirits Inc. will post 0.0056992 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Oakwest Corporation Limited sold 1,788,500 shares of the business’s stock in a transaction that occurred on Tuesday, March 26th. The shares were sold at an average price of C$0.21, for a total transaction of C$376,658.10. 109.04% of the stock is owned by corporate insiders.

Diamond Estates Wines & Spirits Company Profile

Diamond Estates Wines & Spirits Inc produces, markets, and sells wines in Canada, China, and internationally. The company operates in two segments, Manufactured Wines and Agency. It produces vintner quality alliance wines under the 20 Bees, Creekside, EastDell, Lakeview Cellars, Mindful, Queenston Mile, Shiny Apple Cider, Fresh, Proud Pour, Red Tractor, Seasons, Serenity, Persona, and Backyard Vineyards brand names.