Diamond Estates Wines & Spirits (CVE:DWS) Trading Down 6.8% – Here’s What Happened

Diamond Estates Wines & Spirits Inc. (CVE:DWSGet Free Report)’s share price traded down 6.8% during trading on Tuesday . The stock traded as low as C$0.20 and last traded at C$0.21. 99,100 shares traded hands during trading, an increase of 194% from the average session volume of 33,676 shares. The stock had previously closed at C$0.22.

Diamond Estates Wines & Spirits Trading Down 2.5 %

The company has a fifty day simple moving average of C$0.25 and a two-hundred day simple moving average of C$0.26. The company has a debt-to-equity ratio of 122.17, a current ratio of 0.90 and a quick ratio of 0.11. The company has a market capitalization of C$11.61 million, a P/E ratio of -0.78 and a beta of 1.94.

Diamond Estates Wines & Spirits Company Profile

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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.

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