Diamond Estates Wines & Spirits (CVE:DWS) Stock Rating Upgraded by Atrium Research

Diamond Estates Wines & Spirits (CVE:DWS) was upgraded by stock analysts at Atrium Research to a “strong-buy” rating in a report released on Tuesday,Zacks.com reports.

Diamond Estates Wines & Spirits Stock Up 2.7%

Shares of CVE DWS opened at C$0.19 on Tuesday. The stock has a market capitalization of C$12.71 million, a P/E ratio of -0.88 and a beta of 1.12. Diamond Estates Wines & Spirits has a one year low of C$0.15 and a one year high of C$0.26. The firm’s 50 day simple moving average is C$0.17 and its two-hundred day simple moving average is C$0.18. The company has a debt-to-equity ratio of 122.17, a current ratio of 0.90 and a quick ratio of 0.11.

About Diamond Estates Wines & Spirits

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.