Artisanal Spirits (LON:ART) Trading Up 4.8% – Still a Buy?

Shares of The Artisanal Spirits Company plc (LON:ART) rose 4.8% on Wednesday . The stock traded as high as GBX 33 and last traded at GBX 33. Approximately 45,311 shares traded hands during mid-day trading, an increase of 172% from the average daily volume of 16,679 shares. The stock had previously closed at GBX 31.50.

Artisanal Spirits Stock Performance

The company has a 50-day simple moving average of GBX 32.73 and a two-hundred day simple moving average of GBX 35.67. The company has a quick ratio of 1.16, a current ratio of 3.30 and a debt-to-equity ratio of 485.77. The firm has a market cap of £23.37 million, a PE ratio of -3.20 and a beta of -0.11.

Artisanal Spirits (LON:ART) last posted its quarterly earnings data on Monday, March 30th. The company reported GBX (10.30) earnings per share for the quarter. Artisanal Spirits had a negative return on equity of 77.52% and a negative net margin of 36.61%.The business had revenue of GBX 1,987 million during the quarter. As a group, equities research 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. Thomson (JGT). Owning over 18,000 casks primarily comprising Single Malt Scotch Whisky, ASC’s stock includes outstanding whisky (and other spirits) from 150 different distilleries across 20 countries which is sold to members both as individual bottles and whole casks.

With an established global presence in some 30 countries, SMWS operates a direct-to-consumer model (90% of revenue) primarily through e-commerce, in addition to four member rooms in the UK.