Diamond Estates Wines & Spirits (CVE:DWS) Trading Down 2.8% – Should You Sell?

Diamond Estates Wines & Spirits Inc. (CVE:DWSGet Free Report)’s share price dropped 2.8% during trading on Thursday . The stock traded as low as C$0.18 and last traded at C$0.18. Approximately 126,000 shares traded hands during mid-day trading, an increase of 258% from the average daily volume of 35,204 shares. The stock had previously closed at C$0.18.

Diamond Estates Wines & Spirits Stock Performance

The company has a market cap of C$11.37 million, a P/E ratio of -0.88 and a beta of 1.12. The stock has a 50 day moving average price of C$0.17 and a two-hundred day moving average price of C$0.18. The company has a quick ratio of 0.11, a current ratio of 0.90 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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