Artisanal Spirits (LON:ART) Posts Earnings Results

Artisanal Spirits (LON:ART) released its earnings results on Wednesday. The company reported GBX (5.20) earnings per share for the quarter, Digital Look Earnings reports. Artisanal Spirits had a negative net margin of 36.61% and a negative return on equity of 77.52%.

Artisanal Spirits Price Performance

ART traded up GBX 0.50 on Wednesday, hitting GBX 24. 10,506 shares of the stock were exchanged, compared to its average volume of 13,848. The business has a 50-day moving average of GBX 23.99 and a two-hundred day moving average of GBX 28.19. The firm has a market capitalization of £16.99 million, a price-to-earnings ratio of -2.33 and a beta of 0.13. The company has a debt-to-equity ratio of 485.77, a current ratio of 3.30 and a quick ratio of 1.16. Artisanal Spirits has a 12 month low of GBX 21 and a 12 month high of GBX 44.

About Artisanal Spirits

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.