Distil (LON:DIS) Stock Price Up 16.5% – Should You Buy?

Distil Plc (LON:DIS) shares shot up 16.5% during trading on Wednesday . The stock traded as high as GBX 0.12 and last traded at GBX 0.12. 4,778,606 shares changed hands during mid-day trading, a decline of 42% from the average session volume of 8,176,112 shares. The stock had previously closed at GBX 0.10.

Distil Stock Performance

The stock has a fifty day simple moving average of GBX 0.12 and a 200-day simple moving average of GBX 0.14. The stock has a market cap of £2.26 million, a P/E ratio of -1.39 and a beta of 0.61. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.74 and a current ratio of 2.78.

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.