Artisanal Spirits (LON:ART) Shares Down 6.4% – What’s Next?

Shares of The Artisanal Spirits Company plc (LON:ART) dropped 6.4% during trading on Monday . The stock traded as low as GBX 23.02 and last traded at GBX 23.40. 2,534 shares changed hands during mid-day trading, a decline of 82% from the average session volume of 13,927 shares. The stock had previously closed at GBX 25.

Artisanal Spirits Price Performance

The company has a quick ratio of 1.16, a current ratio of 3.30 and a debt-to-equity ratio of 485.77. The business’s 50-day moving average is GBX 23.99 and its two-hundred day moving average is GBX 28.19. The company has a market capitalization of £16.99 million, a P/E ratio of -2.33 and a beta of 0.13.

Artisanal Spirits (LON:ART) last issued its quarterly earnings data on Wednesday, September 16th. The company reported GBX (5.20) earnings per share (EPS) for the quarter. Artisanal Spirits had a negative return on equity of 77.52% and a negative net margin of 36.61%. As a group, analysts predict that The Artisanal Spirits Company plc will post 0.998964 earnings per share for the current year.

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.