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

Diamond Estates Wines & Spirits Inc. (CVE:DWSGet Free Report)’s share price reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.14 and last traded at C$0.14, with a volume of 51689 shares. The stock had previously closed at C$0.14.

Diamond Estates Wines & Spirits Price Performance

The stock’s fifty day moving average price is C$0.16 and its two-hundred day moving average price is C$0.17. The firm has a market capitalization of C$9.49 million, a price-to-earnings ratio of -7.00 and a beta of 1.49. The company has a current ratio of 0.90, a quick ratio of 0.11 and a debt-to-equity ratio of 122.17.

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. 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.

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