Artisanal Spirits (LON:ART) Trading 2.4% Higher – Here’s What Happened

The Artisanal Spirits Company plc (LON:ART) rose 2.4% during mid-day trading on Thursday . The stock traded as high as GBX 50.70 ($0.70) and last traded at GBX 50.70 ($0.70). Approximately 143,726 shares were traded during mid-day trading, an increase of 306% from the average daily volume of 35,412 shares. The stock had previously closed at GBX 49.50 ($0.68).

Artisanal Spirits Trading Up 2.4%

The firm has a 50 day moving average price of GBX 49.45 and a two-hundred day moving average price of GBX 40.73. The company has a quick ratio of 1.16, a current ratio of 8.32 and a debt-to-equity ratio of 196.20. The company has a market cap of £35.77 million, a price-to-earnings ratio of -10.54 and a beta of -0.11.

Artisanal Spirits (LON:ART) last posted its quarterly earnings data on Monday, March 31st. The company reported GBX (4.60) (($0.06)) earnings per share for the quarter. Artisanal Spirits had a negative return on equity of 20.58% and a negative net margin of 14.52%. As a group, equities analysts forecast that The Artisanal Spirits Company plc will post 0.998964 earnings per share for the current year.

About Artisanal Spirits

About The Artisanal Spirits Company (ASC)

ASC’s purpose is to captivate a global community of whisky adventurers, creating and selling outstanding, limited-edition whiskies and experiences around the world with an ambition to create a high quality, highly profitable and cash generative, premium global business.

Based in Edinburgh, ASC owns The Scotch Malt Whisky Society (SMWS), Single Cask Nation (SCN) and J.G.