Artisanal Spirits (LON:ART) Stock Price Up 2.7% – Here’s What Happened

The Artisanal Spirits Company plc (LON:ART)’s stock price shot up 2.7% during trading on Friday . The company traded as high as GBX 38.65 ($0.47) and last traded at GBX 38.50 ($0.47). 100,188 shares changed hands during mid-day trading, an increase of 404% from the average session volume of 19,877 shares. The stock had previously closed at GBX 37.50 ($0.46).

Artisanal Spirits Stock Performance

The business has a fifty day simple moving average of GBX 39.40 and a two-hundred day simple moving average of GBX 41.35. The company has a market cap of £27.17 million, a PE ratio of -770.00 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 Buying and Selling

In other Artisanal Spirits news, insider Billy McCarter purchased 5,263 shares of Artisanal Spirits stock in a transaction dated Friday, December 20th. The shares were acquired at an average cost of GBX 38 ($0.46) per share, with a total value of £1,999.94 ($2,441.93). 66.82% of the stock is currently owned by company 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.