Distil (LON:DIS) Trading Down 50% – What’s Next?

Distil Plc (LON:DIS) shares traded down 50% on Tuesday . The company traded as low as GBX 0.03 and last traded at GBX 0.05. 59,305,691 shares changed hands during mid-day trading, an increase of 832% from the average session volume of 6,360,754 shares. The stock had previously closed at GBX 0.09.

Distil Trading Up 8.9%

The stock’s 50 day simple moving average is GBX 0.11 and its 200 day simple moving average is GBX 0.12. The firm has a market cap of £996,562.00, a PE ratio of -0.61 and a beta of 0.61. The company has a debt-to-equity ratio of 5.78, a quick ratio of 2.74 and a current ratio of 2.33.

About Distil

Distil Plc, together its subsidiaries, engages in the marketing and sale of spirits. The company offers its products under various brands, including RedLeg Spiced Rum, Blackwoods Vintage Gin, Blackwoods Vodka, Blavod Original Black Vodka, TRØVE Botanical Spirit, and Diva Vodka. It markets and sells its products in the United Kingdom, the United States, Germany, Spain, Australia, and Russia. The company was formerly known as Blavod Wines and Spirits plc and changed its name to Distil Plc in April 2014.