Diamond Estates Wines & Spirits (CVE:DWS) Hits New 1-Year Low – Here’s Why

Shares of Diamond Estates Wines & Spirits Inc. (CVE:DWSGet Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.14 and last traded at C$0.14, with a volume of 26000 shares. The stock had previously closed at C$0.14.

Diamond Estates Wines & Spirits Stock Performance

The stock has a fifty day simple moving average of C$0.14 and a 200 day simple moving average of C$0.16. The firm has a market capitalization of C$9.16 million, a P/E ratio of -6.75 and a beta of 1.16. The company has a quick ratio of 0.11, a current ratio of 0.90 and a debt-to-equity ratio of 122.17.

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.

Recommended Stories

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.