Artisanal Spirits (LON:ART) Stock Price Up 2.5% – Time to Buy?

The Artisanal Spirits Company plc (LON:ART) rose 2.5% during trading on Wednesday . The company traded as high as GBX 40.50 ($0.53) and last traded at GBX 40.50 ($0.53). Approximately 71,713 shares were traded during trading, an increase of 119% from the average daily volume of 32,682 shares. The stock had previously closed at GBX 39.50 ($0.51).

Artisanal Spirits Stock Performance

The stock has a market capitalization of £29.58 million, a price-to-earnings ratio of -838.40 and a beta of -0.11. The company has a debt-to-equity ratio of 214.23, a quick ratio of 1.16 and a current ratio of 8.32. The firm’s 50 day moving average is GBX 42.48 and its 200-day moving average is GBX 41.61.

Insider Activity

In other Artisanal Spirits news, insider Mark Francis Bedingham bought 45,000 shares of Artisanal Spirits stock in a transaction dated Thursday, September 12th. The stock was acquired at an average cost of GBX 45 ($0.58) per share, with a total value of £20,250 ($26,261.19). Insiders own 66.82% of the company’s stock.

Artisanal Spirits Company Profile

The Artisanal Spirits Company plc curates and sells premium single cask scotch malt whisky and other spirits to its members in the United Kingdom and internationally. The company creates small batches of blended malt whiskies, grain whiskies, rum, and gin under the J.G. Thomson brand. It sells its products online under The Scotch Malt Whisky Society brand name.