Distil (LON:DIS) Shares Down 16.7% – Should You Sell?

Distil Plc (LON:DIS)’s share price fell 16.7% during mid-day trading on Tuesday . The company traded as low as GBX 0.10 and last traded at GBX 0.10. 218,647 shares changed hands during mid-day trading, a decline of 97% from the average session volume of 8,240,160 shares. The stock had previously closed at GBX 0.12.

Distil Stock Up 16.5%

The company has a current ratio of 2.78, a quick ratio of 2.74 and a debt-to-equity ratio of 0.12. The firm has a market cap of £2.44 million, a P/E ratio of -1.50 and a beta of 0.61. The stock’s fifty day moving average is GBX 0.12 and its two-hundred day moving average is GBX 0.14.

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.