Diamond Estates Wines & Spirits Inc. (CVE:DWS) Insider Oakwest Corporation Limited Sells 1,788,500 Shares

Diamond Estates Wines & Spirits Inc. (CVE:DWS) insider Oakwest Corporation Limited sold 1,788,500 shares of the business’s stock in a transaction that occurred on Tuesday, March 26th. The stock was sold at an average price of C$0.21, for a total transaction of C$376,658.10.

Diamond Estates Wines & Spirits Stock Performance

Diamond Estates Wines & Spirits stock opened at C$0.21 on Thursday. The firm’s 50 day simple moving average is C$0.26 and its 200-day simple moving average is C$0.26. The company has a market cap of C$10.05 million, a P/E ratio of -0.44 and a beta of 1.89. The company has a debt-to-equity ratio of 114.94, a current ratio of 1.46 and a quick ratio of 0.11. Diamond Estates Wines & Spirits Inc. has a fifty-two week low of C$0.19 and a fifty-two week high of C$0.65.

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

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.