Artisanal Spirits (LON:ART) Trading Up 2.7% – What’s Next?

The Artisanal Spirits Company plc (LON:ART) shares rose 2.7% during mid-day trading on Friday . The stock traded as high as GBX 38.65 ($0.47) and last traded at GBX 38.50 ($0.47). Approximately 100,188 shares traded hands during mid-day trading, an increase of 404% from the average daily volume of 19,877 shares. The stock had previously closed at GBX 37.50 ($0.46).

Artisanal Spirits Trading Up 2.7 %

The company’s fifty day moving average is GBX 39.40 and its two-hundred day moving average is GBX 41.35. The company has a quick ratio of 1.16, a current ratio of 8.32 and a debt-to-equity ratio of 214.23. The stock has a market cap of £27.17 million, a price-to-earnings ratio of -770.00 and a beta of -0.11.

Insiders Place Their Bets

In other Artisanal Spirits news, insider Billy McCarter acquired 5,263 shares of the business’s stock in a transaction on Friday, December 20th. The stock was purchased at an average price of GBX 38 ($0.46) per share, for a total transaction of £1,999.94 ($2,441.93). 66.82% of the stock is currently owned by corporate 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.