Artisanal Spirits (LON:ART) Stock Price Up 0.2% – Here’s What Happened

Shares of The Artisanal Spirits Company plc (LON:ART) shot up 0.2% during mid-day trading on Monday . The company traded as high as GBX 25 and last traded at GBX 24.74. 10,530 shares changed hands during mid-day trading, a decline of 26% from the average daily volume of 14,265 shares. The stock had previously closed at GBX 24.70.

Artisanal Spirits Trading Down 2.7%

The company has a current ratio of 3.30, a quick ratio of 1.16 and a debt-to-equity ratio of 485.77. The stock has a market capitalization of £16.53 million, a price-to-earnings ratio of -2.27 and a beta of 0.14. The firm has a 50-day moving average of GBX 25.20 and a 200 day moving average of GBX 29.24.

Artisanal Spirits Company Profile

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.