Diamond Estates Wines & Spirits (CVE:DWS) Stock Price Down 6.8% – Should You Sell?

Diamond Estates Wines & Spirits Inc. (CVE:DWSGet Free Report)’s share price fell 6.8% during mid-day trading on Tuesday . The company traded as low as C$0.20 and last traded at C$0.21. 99,100 shares changed hands during mid-day trading, an increase of 194% from the average session volume of 33,676 shares. The stock had previously closed at C$0.22.

Diamond Estates Wines & Spirits Stock Performance

The company has a current ratio of 0.90, a quick ratio of 0.11 and a debt-to-equity ratio of 122.17. The stock has a market capitalization of C$12.20 million, a price-to-earnings ratio of -0.82 and a beta of 1.94. The firm’s fifty day moving average price is C$0.25 and its 200 day moving average price is C$0.26.

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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