Artisanal Spirits (LON:ART) Shares Up 2% – Still a Buy?

The Artisanal Spirits Company plc (LON:ART)’s share price traded up 2% during trading on Wednesday . The company traded as high as GBX 33.68 ($0.44) and last traded at GBX 33.68 ($0.44). 2,140 shares traded hands during mid-day trading, a decline of 93% from the average session volume of 31,758 shares. The stock had previously closed at GBX 33 ($0.43).

Artisanal Spirits Trading Up 2.0 %

The company has a quick ratio of 1.16, a current ratio of 8.32 and a debt-to-equity ratio of 196.20. The business has a fifty day simple moving average of GBX 34.60 and a 200 day simple moving average of GBX 38.66. The company has a market cap of £23.76 million, a price-to-earnings ratio of -7.00 and a beta of -0.11.

Insider Buying and Selling at Artisanal Spirits

In other news, insider Billy McCarter purchased 5,263 shares of the business’s stock in a transaction dated Friday, December 20th. The stock was acquired at an average price of GBX 38 ($0.49) per share, with a total value of £1,999.94 ($2,601.72). 66.82% of the stock is 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.