Distil (LON:DIS) Stock Price Down 15.8% – Here’s Why

Distil Plc (LON:DIS) shares dropped 15.8% on Tuesday . The stock traded as low as GBX 0.03 and last traded at GBX 0.03. Approximately 4,530,000 shares changed hands during mid-day trading, a decline of 58% from the average daily volume of 10,759,745 shares. The stock had previously closed at GBX 0.04.

Distil Trading Down 2.6%

The company has a quick ratio of 2.74, a current ratio of 2.33 and a debt-to-equity ratio of 5.78. The stock has a market capitalization of £752,506.00, a P/E ratio of -0.46 and a beta of 0.18. The firm’s 50 day simple moving average is GBX 0.07 and its two-hundred day simple moving average is GBX 0.10.

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.