Artisanal Spirits (LON:ART) Shares Down 13.6% – What’s Next?

The Artisanal Spirits Company plc (LON:ART)’s share price fell 13.6% on Thursday . The stock traded as low as GBX 32.45 and last traded at GBX 35. Approximately 65,837 shares traded hands during mid-day trading, an increase of 165% from the average session volume of 24,845 shares. The stock had previously closed at GBX 40.50.

Artisanal Spirits Trading Down 13.6%

The stock has a 50-day moving average of GBX 41.33 and a two-hundred day moving average of GBX 45.79. The company has a market cap of £24.98 million, a P/E ratio of -6.60 and a beta of -0.11. The company has a debt-to-equity ratio of 196.20, a quick ratio of 1.16 and a current ratio of 8.32.

Artisanal Spirits (LON:ART) last issued its quarterly earnings results on Wednesday, September 10th. The company reported GBX (5.10) earnings per share for the quarter. Artisanal Spirits had a negative net margin of 14.52% and a negative return on equity of 20.58%. On average, equities research analysts predict that The Artisanal Spirits Company plc will post 0.998964 earnings per share for the current year.

Artisanal Spirits Company Profile

About The Artisanal Spirits Company (ASC)

ASC’s purpose is to captivate a global community of whisky adventurers, 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) and J.G.