Distil (LON:DIS) Shares Down 9.1% – Here’s Why
by Mitch Edgeman · The Markets DailyDistil Plc (LON:DIS – Get Free Report)’s stock price dropped 9.1% during trading on Friday . The stock traded as low as GBX 0.10 and last traded at GBX 0.10. 3,115,953 shares were traded during mid-day trading, a decline of 47% from the average session volume of 5,916,758 shares. The stock had previously closed at GBX 0.11.
Distil Trading Down 17.3%
The company has a market cap of £1.85 million, a price-to-earnings ratio of -1.14 and a beta of 0.61. The company has a current ratio of 2.33, a quick ratio of 2.74 and a debt-to-equity ratio of 5.78. The business’s 50 day moving average price is GBX 0.12 and its 200-day moving average price is GBX 0.14.
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. The company was formerly known as Blavod Wines and Spirits plc and changed its name to Distil Plc in April 2014.