Artisanal Spirits (LON:ART) Trading Up 0.9% – Should You Buy?

The Artisanal Spirits Company plc (LON:ART)’s stock price rose 0.9% during mid-day trading on Wednesday . The company traded as high as GBX 26 and last traded at GBX 25.72. Approximately 19,656 shares were traded during trading, an increase of 47% from the average session volume of 13,340 shares. The stock had previously closed at GBX 25.50.

Artisanal Spirits Price Performance

The stock’s 50-day simple moving average is GBX 29.48 and its 200 day simple moving average is GBX 31.52. The company has a quick ratio of 1.16, a current ratio of 3.30 and a debt-to-equity ratio of 485.77. The company has a market cap of £16.99 million, a price-to-earnings ratio of -2.33 and a beta of 0.14.

Artisanal Spirits Company Profile

ASC’s purpose is to captivate a global community of whisky adventurers, by 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), J.G.Thomson (JGT) and Artisan Casks. Owning over 18,000 casks primarily comprising Single Malt Scotch Whisky, ASC’s stock includes outstanding whisky (and other spirits) from 100 different distilleries across 20 countries which is sold to members both as individual bottles and whole casks.

With an established global presence in some 30 countries, SMWS operates a direct-to-consumer model (90% of revenue) primarily through e-commerce, in addition to four member rooms in the UK.