Distil (LON:DIS) Shares Down 8.3% – Here’s What Happened

Shares of Distil Plc (LON:DIS) fell 8.3% during trading on Tuesday . The company traded as low as GBX 0.06 and last traded at GBX 0.06. Approximately 15,575,316 shares were traded during trading, an increase of 69% from the average daily volume of 9,190,929 shares. The stock had previously closed at GBX 0.06.

Distil Stock Down 8.3%

The company has a quick ratio of 2.74, a current ratio of 2.33 and a debt-to-equity ratio of 5.78. The stock has a market cap of £1.12 million, a PE ratio of -0.69 and a beta of 0.89. The firm has a fifty day moving average of GBX 0.06 and a 200 day moving average of GBX 0.07.

Distil Company Profile

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.