Artisanal Spirits (LON:ART) Trading Up 1.2% – Here’s Why

Shares of The Artisanal Spirits Company plc (LON:ARTGet Free Report) shot up 1.2% during mid-day trading on Monday . The company traded as high as GBX 29 and last traded at GBX 29. 496 shares changed hands during trading, a decline of 97% from the average session volume of 14,274 shares. The stock had previously closed at GBX 28.65.

Artisanal Spirits Price Performance

The company has a debt-to-equity ratio of 485.77, a current ratio of 3.30 and a quick ratio of 1.16. The stock’s fifty day simple moving average is GBX 30.41 and its 200-day simple moving average is GBX 32.29. The company has a market capitalization of £20.30 million, a P/E ratio of -2.78 and a beta of 0.14.

Artisanal Spirits (LON:ARTGet Free Report) last released its quarterly earnings results on Monday, March 30th. The company reported GBX (10.30) earnings per share (EPS) for the quarter. Artisanal Spirits had a negative net margin of 36.61% and a negative return on equity of 77.52%. The firm had revenue of GBX 1,987 million for the quarter. On average, equities analysts forecast that The Artisanal Spirits Company plc will post 0.998964 earnings per share for the current fiscal year.

Artisanal Spirits Company Profile

(Get Free Report)

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.

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