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

Shares of Diamond Estates Wines & Spirits Inc. (CVE:DWS) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.21 and last traded at C$0.21, with a volume of 1671900 shares trading hands. The stock had previously closed at C$0.23.

Diamond Estates Wines & Spirits Price Performance

The stock has a market cap of C$9.82 million, a PE ratio of -0.43 and a beta of 1.89. The company has a current ratio of 1.46, a quick ratio of 0.11 and a debt-to-equity ratio of 114.94. The company has a fifty day moving average of C$0.26 and a 200-day moving average of C$0.26.

Diamond Estates Wines & Spirits (CVE:DWS) last released its earnings results on Thursday, February 22nd. The company reported C($0.14) EPS for the quarter. Diamond Estates Wines & Spirits had a negative return on equity of 59.71% and a negative net margin of 49.58%. The company had revenue of C$7.32 million for the quarter. Sell-side analysts expect that Diamond Estates Wines & Spirits Inc. will post 0.0061162 EPS for the current fiscal year.

Insider Buying and Selling

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 stock was sold at an average price of C$0.21, for a total transaction of C$376,658.10. 109.04% of the stock is currently 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.