Distil (LON:DIS) Trading Up 21.6% – Here’s What Happened

Distil Plc (LON:DIS)’s share price rose 21.6% on Friday . The company traded as high as GBX 0.05 and last traded at GBX 0.05. Approximately 7,707,487 shares changed hands during mid-day trading, a decline of 26% from the average daily volume of 10,431,518 shares. The stock had previously closed at GBX 0.04.

Distil Stock Up 21.6%

The firm’s 50-day moving average is GBX 0.07 and its two-hundred day moving average is GBX 0.10. The company has a debt-to-equity ratio of 5.78, a quick ratio of 2.74 and a current ratio of 2.33. The stock has a market cap of £915,210.00, a P/E ratio of -0.56 and a beta of 0.18.

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.