Diamond Estates Wines & Spirits (CVE:DWS) Reaches New 52-Week High at $0.34

Diamond Estates Wines & Spirits Inc. (CVE:DWS)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.34 and last traded at C$0.31, with a volume of 500 shares changing hands. The stock had previously closed at C$0.31.

Diamond Estates Wines & Spirits Price Performance

The stock’s 50-day moving average is C$0.27 and its 200 day moving average is C$0.23. 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 stock has a market capitalization of C$19.64 million, a PE ratio of -1.24 and a beta of 1.94.

Diamond Estates Wines & Spirits (CVE:DWS) last posted its earnings results on Thursday, August 22nd. The company reported C($0.04) EPS for the quarter. The firm had revenue of C$6.17 million for the quarter. Diamond Estates Wines & Spirits had a negative return on equity of 52.53% and a negative net margin of 38.13%. As a group, equities analysts expect that Diamond Estates Wines & Spirits Inc. will post 0.0080623 earnings per share for the current year.

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.