Diamond Estates Wines & Spirits (CVE:DWS) Hits New 1-Year Low – What’s Next?

Shares of Diamond Estates Wines & Spirits Inc. (CVE:DWSGet Free Report) hit a new 52-week low on Monday . The stock traded as low as C$0.18 and last traded at C$0.18, with a volume of 7500 shares traded. The stock had previously closed at C$0.19.

Diamond Estates Wines & Spirits Stock Up 5.4 %

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 50 day moving average of C$0.19 and a two-hundred day moving average of C$0.23. The firm has a market capitalization of C$11.61 million, a price-to-earnings ratio of -0.78 and a beta of 1.94.

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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