Artisanal Spirits (LON:ART) Stock Price Down 4.9% – Here’s What Happened

The Artisanal Spirits Company plc (LON:ART) shares dropped 4.9% on Friday . The stock traded as low as GBX 29 and last traded at GBX 29. Approximately 1,858 shares changed hands during trading, a decline of 87% from the average daily volume of 14,396 shares. The stock had previously closed at GBX 30.50.

Artisanal Spirits Stock Performance

The stock has a market cap of £20.53 million, a P/E ratio of -2.82 and a beta of -0.11. The firm’s 50-day moving average is GBX 31.14 and its two-hundred day moving average is GBX 33.45. The company has a quick ratio of 1.16, a current ratio of 3.30 and a debt-to-equity ratio of 485.77.

Artisanal Spirits (LON:ART) last issued its quarterly earnings data on Monday, March 30th. The company reported GBX (10.30) earnings per share for the quarter. The business had revenue of GBX 1,987 million for the quarter. Artisanal Spirits had a negative net margin of 36.61% and a negative return on equity of 77.52%. As a group, research analysts expect that The Artisanal Spirits Company plc will post 0.998964 EPS for the current year.

About Artisanal Spirits

ASC’s purpose is to captivate a global community of whisky adventurers, by 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), J.G.Thomson (JGT) and Artisan Casks. Owning over 18,000 casks primarily comprising Single Malt Scotch Whisky, ASC’s stock includes outstanding whisky (and other spirits) from 100 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.