Diamond Estates Wines & Spirits (CVE:DWS) Shares Down 15% – Time to Sell?

Diamond Estates Wines & Spirits Inc. (CVE:DWSGet Free Report)’s share price traded down 15% during mid-day trading on Friday . The stock traded as low as C$0.16 and last traded at C$0.17. 181,121 shares traded hands during trading, an increase of 510% from the average session volume of 29,683 shares. The stock had previously closed at C$0.20.

Diamond Estates Wines & Spirits Stock Down 2.9%

The company has a market capitalization of C$9.82 million, a P/E ratio of -0.66 and a beta of 1.94. The company has a debt-to-equity ratio of 122.17, a quick ratio of 0.11 and a current ratio of 0.90. The firm’s fifty day moving average is C$0.19 and its 200-day moving average is C$0.19.

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.

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