Distil (LON:DIS) Shares Up 8.4% – Here’s What Happened

Shares of Distil Plc (LON:DIS) rose 8.4% on Tuesday . The company traded as high as GBX 0.09 ($0.00) and last traded at GBX 0.09 ($0.00). Approximately 4,467,978 shares traded hands during trading, a decline of 66% from the average daily volume of 13,229,683 shares. The stock had previously closed at GBX 0.08 ($0.00).

Distil Trading Up 6.7 %

The company has a debt-to-equity ratio of 1.20, a current ratio of 3.47 and a quick ratio of 2.74. The firm has a fifty day simple moving average of GBX 0.13 and a 200-day simple moving average of GBX 0.23. The firm has a market cap of £955,804.80, a P/E ratio of 17.50 and a beta of 0.61.

Distil (LON:DIS) last issued its earnings results on Tuesday, November 5th. The company reported GBX (0.08) ($0.00) earnings per share (EPS) for the quarter. Distil had a negative return on equity of 17.72% and a negative net margin of 76.63%. On average, equities research analysts expect that Distil Plc will post 0.0084848 earnings per share for the current year.

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.