Distil (LON:DIS) Shares Down 8.3% – Time to Sell?

Shares of Distil Plc (LON:DIS) were down 8.3% during mid-day trading on Thursday . The company traded as low as GBX 0.11 and last traded at GBX 0.11. Approximately 125,324 shares changed hands during trading, a decline of 99% from the average daily volume of 10,889,333 shares. The stock had previously closed at GBX 0.12.

Distil Stock Performance

The stock has a 50 day moving average of GBX 0.12 and a two-hundred day moving average of GBX 0.15. The stock has a market capitalization of £2.24 million, a PE ratio of -1.38 and a beta of 0.61. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.78 and a quick ratio of 2.74.

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.