Distil (LON:DIS) Shares Up 20% – Still a Buy?

Distil Plc (LON:DISGet Free Report)’s share price rose 20% during mid-day trading on Friday . The company traded as high as GBX 0.08 ($0.00) and last traded at GBX 0.08 ($0.00). Approximately 7,168,387 shares were traded during mid-day trading, an increase of 29% from the average daily volume of 5,541,317 shares. The stock had previously closed at GBX 0.07 ($0.00).

Distil Price Performance

The business’s 50-day moving average price is GBX 0.09 and its 200 day moving average price is GBX 0.14. The company has a market capitalization of £1.21 million, a P/E ratio of -0.59 and a beta of 0.61. The company has a quick ratio of 2.74, a current ratio of 2.78 and a debt-to-equity ratio of 0.12.

Distil Company Profile

(Get Free Report)

Distil Plc, together its subsidiaries, engages in the marketing and sale of spirits. The company offers its products under various brands, including RedLeg Spiced Rum, Blackwoods Vintage Gin, Blackwoods Vodka, Blavod Original Black Vodka, TRØVE Botanical Spirit, and Diva Vodka. It markets and sells its products in the United Kingdom, the United States, Germany, Spain, Australia, and Russia.

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