Diamond Estates Wines & Spirits (CVE:DWS) Trading Down 2.4% – Time to Sell?

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

Diamond Estates Wines & Spirits Price Performance

The company has a debt-to-equity ratio of 122.17, a current ratio of 0.90 and a quick ratio of 0.11. The company’s 50 day simple moving average is C$0.22 and its 200 day simple moving average is C$0.26. The company has a market capitalization of C$11.90 million, a PE ratio of -0.80 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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