Distil (LON:DIS) Shares Down 13.3% – Here’s What Happened

Distil Plc (LON:DIS) traded down 13.3% during mid-day trading on Tuesday . The stock traded as low as GBX 0.05 and last traded at GBX 0.05. 1,017,946 shares were traded during mid-day trading, a decline of 90% from the average session volume of 10,132,580 shares. The stock had previously closed at GBX 0.06.

Distil Stock Down 13.3%

The company has a debt-to-equity ratio of 5.78, a quick ratio of 2.74 and a current ratio of 2.33. The firm has a market capitalization of £1.06 million, a PE ratio of -0.65 and a beta of 0.87. The company’s 50 day simple moving average is GBX 0.04 and its 200-day simple moving average is GBX 0.09.

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.