Artisanal Spirits (LON:ART) Announces Quarterly Earnings Results

Artisanal Spirits (LON:ART) posted its quarterly earnings data on Wednesday. The company reported GBX (5.20) earnings per share for the quarter, Digital Look Earnings reports. Artisanal Spirits had a negative return on equity of 77.52% and a negative net margin of 36.61%.

Artisanal Spirits Stock Up 2.1%

Artisanal Spirits stock traded up GBX 0.50 during midday trading on Thursday, hitting GBX 24. 79,337 shares of the stock were exchanged, compared to its average volume of 14,214. The stock has a market capitalization of £16.99 million, a price-to-earnings ratio of -2.33 and a beta of 0.13. The company has a quick ratio of 1.16, a current ratio of 3.30 and a debt-to-equity ratio of 485.77. The business’s 50-day moving average price is GBX 23.95 and its 200-day moving average price is GBX 28.11. Artisanal Spirits has a 52-week low of GBX 21 and a 52-week high of GBX 44.

About Artisanal Spirits

ASC’s purpose is to captivate a global community of whisky adventurers, by creating and selling outstanding, limited-edition whiskies and experiences around the world, with an ambition to create a high quality, highly profitable and cash generative, premium global business.

Based in Edinburgh, ASC owns The Scotch Malt Whisky Society (SMWS), Single Cask Nation (SCN), J.G.Thomson (JGT) and Artisan Casks. Owning over 18,000 casks primarily comprising Single Malt Scotch Whisky, ASC’s stock includes outstanding whisky (and other spirits) from 100 different distilleries across 20 countries which is sold to members both as individual bottles and whole casks.

With an established global presence in some 30 countries, SMWS operates a direct-to-consumer model (90% of revenue) primarily through e-commerce, in addition to four member rooms in the UK.