Diamond Estates Wines & Spirits (CVE:DWS) Trading 2.5% Higher – Should You Buy?

Shares of Diamond Estates Wines & Spirits Inc. (CVE:DWSGet Free Report) were up 2.5% during trading on Thursday . The stock traded as high as C$0.22 and last traded at C$0.21. Approximately 12,246 shares were traded during trading, a decline of 62% from the average daily volume of 32,446 shares. The stock had previously closed at C$0.20.

Diamond Estates Wines & Spirits Stock Performance

The company has a market cap of C$11.90 million, a P/E ratio of -0.80 and a beta of 1.94. The company’s fifty day moving average is C$0.20 and its 200 day moving average is C$0.25. The company has a current ratio of 0.90, a quick ratio of 0.11 and a debt-to-equity ratio of 122.17.

About Diamond Estates Wines & Spirits

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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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