Distil (LON:DIS) Trading Down 25.9% – Here’s What Happened

Distil Plc (LON:DIS)’s stock price was down 25.9% during mid-day trading on Monday . The company traded as low as GBX 0.04 and last traded at GBX 0.04. Approximately 47,706,453 shares were traded during mid-day trading, an increase of 285% from the average daily volume of 12,390,599 shares. The stock had previously closed at GBX 0.05.

Distil Stock Down 40.7%

The company has a current ratio of 2.33, a quick ratio of 2.74 and a debt-to-equity ratio of 5.78. The stock has a market capitalization of £650,816.00, a P/E ratio of -0.40 and a beta of 0.18. The business has a 50-day moving average price of GBX 0.11 and a 200 day moving average price of GBX 0.12.

About Distil

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.