Distil (LON:DIS) Shares Up 11.1% – Here’s What Happened

Distil Plc (LON:DIS) shot up 11.1% during mid-day trading on Wednesday . The stock traded as high as GBX 0.12 and last traded at GBX 0.12. 7,362,128 shares traded hands during trading, a decline of 28% from the average session volume of 10,187,881 shares. The stock had previously closed at GBX 0.11.

Distil Stock Up 7.8%

The stock has a market cap of £2.52 million, a P/E ratio of -1.55 and a beta of 0.61. The company has a current ratio of 2.78, a quick ratio of 2.74 and a debt-to-equity ratio of 0.12. The firm’s fifty day moving average is GBX 0.12 and its 200 day moving average is GBX 0.15.

Distil Company Profile

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.