Artisanal Spirits (LON:ART) Trading 1.2% Higher – Time to Buy?

The Artisanal Spirits Company plc (LON:ART) was up 1.2% during trading on Monday . The stock traded as high as GBX 29 and last traded at GBX 29. Approximately 496 shares changed hands during trading, a decline of 97% from the average daily volume of 14,274 shares. The stock had previously closed at GBX 28.65.

Artisanal Spirits Stock Performance

The company has a current ratio of 3.30, a quick ratio of 1.16 and a debt-to-equity ratio of 485.77. The firm has a fifty day moving average price of GBX 30.55 and a 200 day moving average price of GBX 32.38. The firm has a market cap of £20.53 million, a PE ratio of -2.82 and a beta of 0.14.

Artisanal Spirits (LON:ART) last posted its quarterly earnings results on Monday, March 30th. The company reported GBX (10.30) EPS for the quarter. Artisanal Spirits had a negative return on equity of 77.52% and a negative net margin of 36.61%.The company had revenue of GBX 1,987 million for the quarter. As a group, equities research analysts expect that The Artisanal Spirits Company plc will post 0.998964 earnings per share for the current fiscal year.

About Artisanal Spirits

ASC’s purpose is to captivate a global community of whisky adventurers, by creating and selling outstanding, limited-edition whiskies and experiences around the world, with an ambition to create a high quality, highly profitable and cash generative, premium global business.

Based in Edinburgh, ASC owns The Scotch Malt Whisky Society (SMWS), Single Cask Nation (SCN), J.G.Thomson (JGT) and Artisan Casks. Owning over 18,000 casks primarily comprising Single Malt Scotch Whisky, ASC’s stock includes outstanding whisky (and other spirits) from 100 different distilleries across 20 countries which is sold to members both as individual bottles and whole casks.

With an established global presence in some 30 countries, SMWS operates a direct-to-consumer model (90% of revenue) primarily through e-commerce, in addition to four member rooms in the UK.