Artisanal Spirits (LON:ART) Shares Up 2.5% – Time to Buy?

The Artisanal Spirits Company plc (LON:ART) shares shot up 2.5% during trading on Wednesday . The company traded as high as GBX 40.50 ($0.53) and last traded at GBX 40.50 ($0.53). 71,713 shares were traded during trading, an increase of 119% from the average session volume of 32,682 shares. The stock had previously closed at GBX 39.50 ($0.51).

Artisanal Spirits Stock Up 2.5 %

The company has a market cap of £28.58 million, a P/E ratio of -810.00 and a beta of -0.11. The firm’s 50-day simple moving average is GBX 42.63 and its 200 day simple moving average is GBX 41.62. The company has a debt-to-equity ratio of 214.23, a quick ratio of 1.16 and a current ratio of 8.32.

Insider Activity at Artisanal Spirits

In related news, insider Mark Francis Bedingham bought 45,000 shares of the company’s stock in a transaction on Thursday, September 12th. The shares were purchased at an average cost of GBX 45 ($0.58) per share, for a total transaction of £20,250 ($26,261.19). Corporate insiders own 66.82% of the company’s stock.

About Artisanal Spirits

The Artisanal Spirits Company plc curates and sells premium single cask scotch malt whisky and other spirits to its members in the United Kingdom and internationally. The company creates small batches of blended malt whiskies, grain whiskies, rum, and gin under the J.G. Thomson brand. It sells its products online under The Scotch Malt Whisky Society brand name.