Distil (LON:DIS) Shares Down 9.1% – Here’s What Happened

Shares of Distil Plc (LON:DIS) dropped 9.1% during mid-day trading on Wednesday . The stock traded as low as GBX 0.10 and last traded at GBX 0.10. Approximately 142,439 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 7,237,323 shares. The stock had previously closed at GBX 0.11.

Distil Stock Performance

The company has a market capitalization of £2.03 million, a price-to-earnings ratio of -1.25 and a beta of 0.61. The stock’s 50 day moving average price is GBX 0.12 and its 200 day moving average price is GBX 0.14. The company has a current ratio of 2.78, a quick ratio of 2.74 and a debt-to-equity ratio of 0.12.

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.