Diamond Estates Wines & Spirits (CVE:DWS) Trading Down 2.4% – Here’s What Happened

Diamond Estates Wines & Spirits Inc. (CVE:DWSGet Free Report) dropped 2.4% on Wednesday . The stock traded as low as C$0.20 and last traded at C$0.20. Approximately 51,741 shares changed hands during trading, an increase of 53% from the average daily volume of 33,790 shares. The stock had previously closed at C$0.21.

Diamond Estates Wines & Spirits Stock Down 2.4 %

The business has a 50-day simple moving average of C$0.22 and a 200-day simple moving average of C$0.26. 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 company has a market cap of C$11.90 million, a price-to-earnings ratio of -0.80 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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