Diamond Estates Wines & Spirits (CVE:DWS) Hits New 52-Week Low – Time to Sell?

Shares of Diamond Estates Wines & Spirits Inc. (CVE:DWSGet Free Report) hit a new 52-week low on Tuesday . The stock traded as low as C$0.14 and last traded at C$0.14, with a volume of 24605 shares trading hands. The stock had previously closed at C$0.15.

Diamond Estates Wines & Spirits Stock Up 3.6%

The firm’s 50 day moving average is C$0.16 and its two-hundred day moving average is C$0.17. The stock has a market cap of C$9.83 million, a price-to-earnings ratio of -7.25 and a beta of 1.49. The company has a current ratio of 0.90, a quick ratio of 0.11 and a debt-to-equity ratio of 122.17.

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. The company also sells its products through liquor boards, licensed restaurants and bars, grocery chains, direct-to-consumer, and retail stores, as well as acts as a sales agent for beverage alcohol brands.

Featured Stories

Receive News & Ratings for Diamond Estates Wines & Spirits Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diamond Estates Wines & Spirits and related companies with MarketBeat.com's FREE daily email newsletter.