Diamond Estates Wines & Spirits (CVE:DWS) Sets New 1-Year Low – Time to Sell?

Diamond Estates Wines & Spirits Inc. (CVE:DWSGet Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.18 and last traded at C$0.18, with a volume of 7500 shares traded. The stock had previously closed at C$0.19.

Diamond Estates Wines & Spirits Price Performance

The company has a market capitalization of C$11.01 million, a price-to-earnings ratio of -0.74 and a beta of 1.94. 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 business has a 50-day moving average price of C$0.20 and a 200-day moving average price of C$0.24.

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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