Artisanal Spirits (LON:ART) Given New GBX 75 Price Target at Panmure Gordon

Artisanal Spirits (LON:ART) had its price objective cut by equities research analysts at Panmure Gordon from GBX 95 to GBX 75 in a report issued on Thursday,London Stock Exchange reports. The firm currently has a “buy” rating on the stock. Panmure Gordon’s price objective points to a potential upside of 120.59% from the company’s current price.

Artisanal Spirits Stock Performance

LON:ART traded down GBX 6.50 on Thursday, hitting GBX 34. The stock had a trading volume of 233,342 shares, compared to its average volume of 25,603. The stock has a market cap of £24.26 million, a price-to-earnings ratio of -6.42 and a beta of -0.11. The business’s 50-day simple moving average is GBX 41.33 and its two-hundred day simple moving average is GBX 45.79. Artisanal Spirits has a 52-week low of GBX 30 and a 52-week high of GBX 57. The company has a quick ratio of 1.16, a current ratio of 8.32 and a debt-to-equity ratio of 196.20.

Artisanal Spirits (LON:ART) last issued its quarterly earnings results on Wednesday, September 10th. The company reported GBX (5.10) earnings per share (EPS) for the quarter. Artisanal Spirits had a negative return on equity of 20.58% and a negative net margin of 14.52%. As a group, research analysts predict that Artisanal Spirits 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.