Diamond Estates Wines & Spirits (CVE:DWS) Sets New 52-Week Low – Should You Sell?

Diamond Estates Wines & Spirits Inc. (CVE:DWSGet Free Report) shares reached a new 52-week low during trading on Tuesday . The company traded as low as C$0.18 and last traded at C$0.19, with a volume of 3500 shares changing hands. The stock had previously closed at C$0.19.

Diamond Estates Wines & Spirits Trading Down 5.3 %

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 market cap of C$10.71 million, a price-to-earnings ratio of -0.72 and a beta of 1.94. The business has a 50 day moving average of C$0.20 and a 200 day moving average of C$0.24.

About Diamond Estates Wines & Spirits

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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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