Artisanal Spirits (LON:ART) Stock Price Up 0.2% – Still a Buy?

The Artisanal Spirits Company plc (LON:ART)’s share price shot up 0.2% during mid-day trading on Monday . The company traded as high as GBX 25 and last traded at GBX 24.74. Approximately 10,530 shares traded hands during mid-day trading, a decline of 26% from the average session volume of 14,265 shares. The stock had previously closed at GBX 24.70.

Artisanal Spirits Price Performance

The stock has a market cap of £17.52 million, a P/E ratio of -2.40 and a beta of 0.14. The company has a debt-to-equity ratio of 485.77, a current ratio of 3.30 and a quick ratio of 1.16. The business’s fifty day moving average price is GBX 25.27 and its 200 day moving average price is GBX 29.31.

Artisanal Spirits Company Profile

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.