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Diamond Estates stock fell 13.9% amid high trading volume, with no reason given.
Diamond Estates Wines & Spirits (CVE:DWS) shares dropped 13.9% on Monday, closing at C$0.16, after a surge in trading volume to 222,108 shares—nearly five times the average.
The company, which sells wines in Canada, China, and internationally under brands like 20 Bees and EastDell, operates in two segments.
Despite the decline, analysts maintain a “Strong Buy” consensus rating.
Financial metrics show a negative P/E ratio of -0.88, a debt-to-equity ratio of 122.17, and a market cap of C$11.37 million.
The cause of the stock’s drop was not disclosed.
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Las acciones de Diamond Estates cayeron un 13,9% en medio de un alto volumen de operaciones, sin ninguna razón dada.