Distil (LON:DIS) Trading Up 49% – Here’s Why

Distil Plc (LON:DIS)’s stock price was up 49% on Thursday . The stock traded as high as GBX 0.08 and last traded at GBX 0.08. Approximately 401,842 shares traded hands during mid-day trading, a decline of 96% from the average session volume of 8,988,645 shares. The stock had previously closed at GBX 0.05.

Distil Stock Down 18.5%

The company has a debt-to-equity ratio of 5.78, a current ratio of 2.33 and a quick ratio of 2.74. The company has a market cap of £1.08 million, a PE ratio of -0.66 and a beta of 0.92. The business’s 50 day moving average is GBX 0.05 and its 200-day moving average is GBX 0.08.

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.