Diamond Estates Wines & Spirits (CVE:DWS) Trading Down 5% – Here’s What Happened

Diamond Estates Wines & Spirits Inc. (CVE:DWSGet Free Report)’s share price traded down 5% during mid-day trading on Wednesday . The stock traded as low as C$0.19 and last traded at C$0.19. 16,000 shares changed hands during mid-day trading, a decline of 39% from the average session volume of 26,217 shares. The stock had previously closed at C$0.20.

Diamond Estates Wines & Spirits Stock Performance

The company has a quick ratio of 0.11, a current ratio of 0.90 and a debt-to-equity ratio of 122.17. The firm has a 50-day moving average of C$0.21 and a 200 day moving average of C$0.25. The stock has a market capitalization of C$11.31 million, a P/E ratio of -0.76 and a beta of 1.94.

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.

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