Artisanal Spirits (LON:ART) Trading Down 1.2% – Here’s What Happened

The Artisanal Spirits Company plc (LON:ART) shares were down 1.2% during trading on Thursday . The company traded as low as GBX 40 ($0.53) and last traded at GBX 40 ($0.53). Approximately 13,408 shares were traded during trading, a decline of 49% from the average daily volume of 26,313 shares. The stock had previously closed at GBX 40.50 ($0.54).

Artisanal Spirits Price Performance

The business has a 50-day simple moving average of GBX 42.73 and a 200 day simple moving average of GBX 46.35. The firm has a market cap of £28.54 million, a P/E ratio of -7.55 and a beta of -0.11. The company has a debt-to-equity ratio of 196.20, a quick ratio of 1.16 and a current ratio of 8.32.

Artisanal Spirits (LON:ART) last released its quarterly earnings results on Wednesday, September 10th. The company reported GBX (5.10) EPS for the quarter. Artisanal Spirits had a negative net margin of 14.52% and a negative return on equity of 20.58%. On average, analysts anticipate that The Artisanal Spirits Company plc will post 0.998964 earnings per share for the current fiscal 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.