Diamond Estates Wines & Spirits (CVE:DWS) Shares Down 5% – Time to Sell?

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

Diamond Estates Wines & Spirits Price Performance

The firm has a market cap of C$11.31 million, a price-to-earnings ratio of -0.76 and a beta of 1.94. The business has a 50 day simple moving average of C$0.21 and a 200-day simple moving average of C$0.25. The company has a debt-to-equity ratio of 122.17, a quick ratio of 0.11 and a current ratio of 0.90.

About Diamond Estates Wines & Spirits

(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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