Artisanal Spirits (LON:ART) Shares Down 2.4% – Time to Sell?

Shares of The Artisanal Spirits Company plc (LON:ART) traded down 2.4% during trading on Monday . The stock traded as low as GBX 34.26 ($0.43) and last traded at GBX 34.26 ($0.43). 3,522 shares traded hands during mid-day trading, a decline of 86% from the average session volume of 25,388 shares. The stock had previously closed at GBX 35.10 ($0.44).

Artisanal Spirits Price Performance

The company has a fifty day moving average of GBX 37.61 and a 200 day moving average of GBX 40.99. The firm has a market capitalization of £24.17 million, a P/E ratio of -685.10 and a beta of -0.11. The company has a debt-to-equity ratio of 214.23, a current ratio of 8.32 and a quick ratio of 1.16.

Insider Activity at Artisanal Spirits

In other Artisanal Spirits news, insider Billy McCarter purchased 5,263 shares of the business’s stock in a transaction on Friday, December 20th. The shares were purchased at an average cost of GBX 38 ($0.47) per share, for a total transaction of £1,999.94 ($2,488.11). 66.82% of the stock is currently owned by company insiders.

About Artisanal Spirits

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.