Diamond Estates Wines & Spirits (CVE:DWS) Sets New 52-Week Low – What’s Next?

Diamond Estates Wines & Spirits Inc. (CVE:DWS) shares reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.14 and last traded at C$0.15, with a volume of 194945 shares. The stock had previously closed at C$0.15.

Diamond Estates Wines & Spirits Price Performance

The firm has a market capitalization of C$9.83 million, a PE 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. The company has a fifty day moving average price of C$0.16 and a two-hundred day moving average price of C$0.17.

Diamond Estates Wines & Spirits Company Profile

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.