Distil (LON:DIS) Shares Down 16.7% – Should You Sell?

Distil Plc (LON:DIS) dropped 16.7% during mid-day trading on Tuesday . The stock traded as low as GBX 0.10 and last traded at GBX 0.10. Approximately 218,647 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 8,240,160 shares. The stock had previously closed at GBX 0.12.

Distil Trading Down 16.7%

The company has a debt-to-equity ratio of 0.12, a current ratio of 2.78 and a quick ratio of 2.74. The company has a market cap of £2.03 million, a price-to-earnings ratio of -1.25 and a beta of 0.61. The business’s fifty day moving average price is GBX 0.12 and its 200 day moving average price is GBX 0.14.

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.