Artisanal Spirits (LON:ART) Stock Price Down 4.7% – Here’s Why

The Artisanal Spirits Company plc (LON:ART) dropped 4.7% during mid-day trading on Tuesday . The stock traded as low as GBX 32.40 ($0.41) and last traded at GBX 32.40 ($0.41). Approximately 9 shares changed hands during mid-day trading, a decline of 100% from the average daily volume of 35,922 shares. The stock had previously closed at GBX 34 ($0.43).

Artisanal Spirits Trading Down 4.7 %

The company’s 50-day moving average price is GBX 35.89 and its 200-day moving average price is GBX 39.91. The firm has a market cap of £22.86 million, a price-to-earnings ratio of -6.74 and a beta of -0.11. The company has a quick ratio of 1.16, a current ratio of 8.32 and a debt-to-equity ratio of 196.20.

Insider Buying and Selling

In other Artisanal Spirits news, insider Billy McCarter purchased 5,263 shares of the stock in a transaction that occurred on Friday, December 20th. The shares were purchased at an average cost of GBX 38 ($0.48) per share, for a total transaction of £1,999.94 ($2,534.78). 66.82% of the stock is currently owned by company insiders.

Artisanal Spirits Company Profile

About The Artisanal Spirits Company (ASC)

ASC’s purpose is to captivate a global community of whisky adventurers, 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) and J.G.