Diamond Estates Wines & Spirits (CVE:DWS) Hits New 12-Month Low – Here’s What Happened

Diamond Estates Wines & Spirits Inc. (CVE:DWSGet Free Report)’s share price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.18 and last traded at C$0.18, with a volume of 49160 shares changing hands. The stock had previously closed at C$0.19.

Diamond Estates Wines & Spirits Stock Performance

The stock has a market capitalization of C$10.71 million, a price-to-earnings ratio of -0.72 and a beta of 1.94. The company’s 50-day simple moving average is C$0.20 and its 200-day simple moving average is C$0.24. The company has a current ratio of 0.90, a quick ratio of 0.11 and a debt-to-equity ratio of 122.17.

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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