Distil (LON:DIS) Stock Price Down 22.5% – Here’s What Happened

Shares of Distil Plc (LON:DIS) dropped 22.5% during mid-day trading on Monday . The company traded as low as GBX 0.06 ($0.00) and last traded at GBX 0.06 ($0.00). Approximately 2,472,599 shares traded hands during mid-day trading, a decline of 55% from the average daily volume of 5,492,137 shares. The stock had previously closed at GBX 0.08 ($0.00).

Distil Trading Down 22.5 %

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 business has a 50 day moving average of GBX 0.09 and a 200-day moving average of GBX 0.14. The stock has a market cap of £960,146.68, a PE ratio of -0.47 and a beta of 0.61.

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.