Artisanal Spirits (LON:ART) Trading 4.5% Higher – Should You Buy?

The Artisanal Spirits Company plc (LON:ART) traded up 4.5% during trading on Wednesday . The stock traded as high as GBX 35 and last traded at GBX 35. 982 shares traded hands during mid-day trading, a decline of 96% from the average session volume of 25,190 shares. The stock had previously closed at GBX 33.50.

Wall Street Analysts Forecast Growth

Separately, Panmure Gordon decreased their price target on shares of Artisanal Spirits from GBX 95 to GBX 75 and set a “buy” rating for the company in a research note on Thursday, November 20th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of GBX 75.

Artisanal Spirits Trading Up 4.5%

The firm has a market cap of £24.78 million, a price-to-earnings ratio of -6.60 and a beta of -0.11. The company has a debt-to-equity ratio of 196.20, a current ratio of 8.32 and a quick ratio of 1.16. The business has a 50-day moving average of GBX 38.06 and a 200-day moving average of GBX 43.36.

Insider Buying and Selling at Artisanal Spirits

In related news, insider Gavin Wallace Hewitt acquired 17,647 shares of the company’s stock in a transaction dated Wednesday, November 26th. The shares were bought at an average price of GBX 34 per share, for a total transaction of £5,999.98. 4.31% of the stock is owned by company insiders.

About Artisanal Spirits

About The Artisanal Spirits Company (ASC)

ASC’s purpose is to captivate a global community of whisky adventurers, 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) and J.G.