Diamond Estates Wines & Spirits (CVE:DWS) Sets New 1-Year Low at $0.21

Diamond Estates Wines & Spirits Inc. (CVE:DWS)’s share price hit a new 52-week low on Tuesday . The company traded as low as C$0.21 and last traded at C$0.21, with a volume of 1671900 shares traded. The stock had previously closed at C$0.23.

Diamond Estates Wines & Spirits Stock Performance

The company has a debt-to-equity ratio of 114.94, a quick ratio of 0.11 and a current ratio of 1.46. The stock’s fifty day moving average price is C$0.26 and its two-hundred day moving average price is C$0.26. The company has a market cap of C$9.82 million, a P/E ratio of -0.43 and a beta of 1.89.

Diamond Estates Wines & Spirits (CVE:DWS) last announced its quarterly earnings results on Thursday, February 22nd. The company reported C($0.14) earnings per share (EPS) for the quarter. Diamond Estates Wines & Spirits had a negative net margin of 49.58% and a negative return on equity of 59.71%. The business had revenue of C$7.32 million during the quarter. As a group, equities analysts predict that Diamond Estates Wines & Spirits Inc. will post 0.0061162 earnings per share for the current year.

Insider Buying and Selling

In other Diamond Estates Wines & Spirits news, insider Oakwest Corporation Limited sold 1,788,500 shares of the firm’s stock in a transaction on Tuesday, March 26th. The shares were sold at an average price of C$0.21, for a total value of C$376,658.10. 109.04% of the stock is owned by insiders.

About Diamond Estates Wines & Spirits

Diamond Estates Wines & Spirits Inc produces, markets, and sells wines in Canada, China, and internationally. The company operates in two segments, Manufactured Wines and Agency. It produces vintner quality alliance wines under the 20 Bees, Creekside, EastDell, Lakeview Cellars, Mindful, Queenston Mile, Shiny Apple Cider, Fresh, Proud Pour, Red Tractor, Seasons, Serenity, Persona, and Backyard Vineyards brand names.