Distil (LON:DIS) Trading Down 10.4% – Time to Sell?

Distil Plc (LON:DIS)’s share price dropped 10.4% during trading on Tuesday . The company traded as low as GBX 0.12 ($0.00) and last traded at GBX 0.12 ($0.00). Approximately 8,143,370 shares were traded during mid-day trading, a decline of 14% from the average daily volume of 9,463,602 shares. The stock had previously closed at GBX 0.14 ($0.00).

Distil Trading Down 4.4%

The company has a quick ratio of 2.74, a current ratio of 2.78 and a debt-to-equity ratio of 0.12. The company has a market cap of £2.25 million, a P/E ratio of -129.00 and a beta of 0.61. The business has a 50-day moving average price of GBX 0.19 and a two-hundred day moving average price of GBX 0.15.

Distil (LON:DIS) last announced its quarterly earnings data on Tuesday, September 30th. The company reported GBX (0.10) earnings per share (EPS) for the quarter. Distil had a negative net margin of 109.66% and a negative return on equity of 22.94%. On average, analysts predict that Distil Plc will post 0.0084848 EPS for the current year.

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.