Distil (LON:DIS) Trading 16.5% Higher – Should You Buy?

Distil Plc (LON:DISGet Free Report) rose 16.5% during mid-day trading on Wednesday . The company traded as high as GBX 0.12 and last traded at GBX 0.12. Approximately 4,778,606 shares were traded during trading, a decline of 42% from the average daily volume of 8,176,112 shares. The stock had previously closed at GBX 0.10.

Distil Price Performance

The stock has a market capitalization of £2.44 million, a PE ratio of -1.50 and a beta of 0.61. The firm’s fifty day moving average price is GBX 0.12 and its two-hundred day moving average price is GBX 0.14. The company has a quick ratio of 2.74, a current ratio of 2.78 and a debt-to-equity ratio of 0.12.

About Distil

(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. The company was formerly known as Blavod Wines and Spirits plc and changed its name to Distil Plc in April 2014.

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