Distil (LON:DIS) Trading Down 16.7% – Here’s Why

Shares of Distil Plc (LON:DISGet Free Report) were down 16.7% on Thursday . The company traded as low as GBX 0.04 and last traded at GBX 0.04. Approximately 16,437,221 shares traded hands during mid-day trading, an increase of 71% from the average daily volume of 9,615,082 shares. The stock had previously closed at GBX 0.05.

Distil Price Performance

The stock has a 50 day moving average of GBX 0.04 and a two-hundred day moving average of GBX 0.09. 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 £854,196.00, a P/E ratio of -0.53 and a beta of 0.18.

About Distil

(Get Free Report)

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.

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