Diamond Estates Wines & Spirits (CVE:DWS) Trading 10.5% Higher – Should You Buy?

Diamond Estates Wines & Spirits Inc. (CVE:DWSGet Free Report) was up 10.5% during trading on Friday . The company traded as high as C$0.22 and last traded at C$0.21. Approximately 533,349 shares traded hands during mid-day trading, an increase of 317% from the average daily volume of 127,810 shares. The stock had previously closed at C$0.19.

Analyst Ratings Changes

Separately, Atrium Research upgraded Diamond Estates Wines & Spirits to a “strong-buy” rating in a report on Tuesday, November 25th. One investment analyst has rated the stock with a Strong Buy rating, According to MarketBeat, the stock has an average rating of “Strong Buy”.

Get Our Latest Research Report on Diamond Estates Wines & Spirits

Diamond Estates Wines & Spirits Stock Down 4.8%

The firm has a market capitalization of C$13.38 million, a price-to-earnings ratio of -20.00 and a beta of 1.85. The company has a debt-to-equity ratio of 122.17, a quick ratio of 0.11 and a current ratio of 0.90. The business’s 50 day moving average is C$0.17 and its 200-day moving average is C$0.17.

Diamond Estates Wines & Spirits Company Profile

(Get Free Report)

Diamond Estates Wines & Spirits Inc produces, markets, distributes, and sells wines in Canada, China, and internationally. The company operates in two segments, Manufactured Wines and Agency. It produces VQA wines under the 20 Bees, Creekside, EastDell, Lakeview Cellars, Mindful, Shiny Apple Cider, Fresh, Red Tractor, Seasons, Serenity, D’Ont Poke the Bear, and Backyard Vineyards brand names. The company also sells its products through liquor boards, licensed restaurants and bars, grocery chains, direct-to-consumer, and retail stores, as well as acts as a sales agent for beverage alcohol brands.

See Also

Receive News & Ratings for Diamond Estates Wines & Spirits Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diamond Estates Wines & Spirits and related companies with MarketBeat.com's FREE daily email newsletter.