Diamond Estates Wines & Spirits (CVE:DWS) Sets New 1-Year Low – Here’s What Happened

Diamond Estates Wines & Spirits Inc. (CVE:DWSGet Free Report) shares reached a new 52-week low during trading on Tuesday . The stock 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 Down 6.9%

The company has a current ratio of 0.90, a quick ratio of 0.11 and a debt-to-equity ratio of 122.17. The stock has a 50 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 PE ratio of -6.75 and a beta of 1.16.

About Diamond Estates Wines & Spirits

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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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