Diamond Estates Wines & Spirits (CVE:DWS) Reaches New 12-Month Low at $0.18

Diamond Estates Wines & Spirits Inc. (CVE:DWS) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.18 and last traded at C$0.18, with a volume of 4100 shares trading hands. The stock had previously closed at C$0.18.

Diamond Estates Wines & Spirits Trading Up 5.9 %

The firm’s 50-day simple moving average is C$0.23 and its 200-day simple moving average is C$0.25. The company has a quick ratio of 0.11, a current ratio of 1.46 and a debt-to-equity ratio of 114.94. The firm has a market capitalization of C$8.62 million, a PE ratio of -0.38 and a beta of 1.89.

Diamond Estates Wines & Spirits (CVE:DWS) last posted 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 for the quarter. Equities analysts expect that Diamond Estates Wines & Spirits Inc. will post 0.0056992 earnings per share for the current year.

Insider Activity

In other news, insider Oakwest Corporation Limited sold 1,788,500 shares of the company’s stock in a transaction dated Tuesday, March 26th. The shares were sold at an average price of C$0.21, for a total transaction of C$376,658.10. Insiders own 109.04% of the company’s stock.

Diamond Estates Wines & Spirits Company Profile

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.