Artisanal Spirits (LON:ART) Stock Price Up 6.2% – Here’s Why

The Artisanal Spirits Company plc (LON:ART) traded up 6.2% on Monday . The stock traded as high as GBX 24 and last traded at GBX 23.90. Approximately 25,401 shares were traded during trading, an increase of 86% from the average daily volume of 13,643 shares. The stock had previously closed at GBX 22.50.

Artisanal Spirits Stock Performance

The company has a debt-to-equity ratio of 485.77, a current ratio of 3.30 and a quick ratio of 1.16. The business has a 50-day simple moving average of GBX 26.74 and a 200-day simple moving average of GBX 30.19. The firm has a market capitalization of £16.30 million, a PE ratio of -2.23 and a beta of 0.14.

About Artisanal Spirits

ASC’s purpose is to captivate a global community of whisky adventurers, by 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), J.G.Thomson (JGT) and Artisan Casks. Owning over 18,000 casks primarily comprising Single Malt Scotch Whisky, ASC’s stock includes outstanding whisky (and other spirits) from 100 different distilleries across 20 countries which is sold to members both as individual bottles and whole casks.

With an established global presence in some 30 countries, SMWS operates a direct-to-consumer model (90% of revenue) primarily through e-commerce, in addition to four member rooms in the UK.