Diamond Estates Wines & Spirits (CVE:DWS) Shares Up 15.2% – Here’s What Happened

Diamond Estates Wines & Spirits Inc. (CVE:DWSGet Free Report) shares shot up 15.2% during mid-day trading on Wednesday . The company traded as high as C$0.23 and last traded at C$0.19. 174,602 shares were traded during trading, an increase of 471% from the average session volume of 30,570 shares. The stock had previously closed at C$0.17.

Diamond Estates Wines & Spirits Trading Up 15.2%

The stock has a market cap of C$12.71 million, a P/E ratio of -0.88 and a beta of 0.78. 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 50-day moving average price of C$0.17 and a 200-day moving average price of C$0.18.

Diamond Estates Wines & Spirits Company Profile

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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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