Key Points
- Insider purchase: Gavin Wallace Hewitt bought 17,647 shares of Artisanal Spirits at an average price of GBX 34 on November 26th, costing about £5,999.98.
- Analyst view vs. weak results: Panmure Gordon kept a Buy rating (cut its price target from GBX 95 to GBX 75) and the consensus target is GBX 75, despite recent negative quarterly EPS (GBX -5.10), a negative net margin and negative return on equity.
- Market positioning: The stock opened at GBX 34 with a market cap of about £24.26m, trading below its 50‑day (GBX 40.45) and 200‑day (GBX 45.25) moving averages and inside a 12‑month range of GBX 30–57.
The Artisanal Spirits Company plc (LON:ART - Get Free Report) insider Gavin Wallace Hewitt purchased 17,647 shares of the business's stock in a transaction that occurred on Wednesday, November 26th. The stock was acquired at an average price of GBX 34 per share, with a total value of £5,999.98.
Artisanal Spirits Stock Performance
Shares of ART stock opened at GBX 34 on Thursday. The company has a market capitalization of £24.26 million, a P/E ratio of -6.42 and a beta of -0.11. The Artisanal Spirits Company plc has a 12-month low of GBX 30 and a 12-month high of GBX 57. The business's 50 day moving average is GBX 40.45 and its two-hundred day moving average is GBX 45.25. The company has a current ratio of 8.32, a quick ratio of 1.16 and a debt-to-equity ratio of 196.20.
Artisanal Spirits (LON:ART - Get Free Report) last released its earnings results on Wednesday, September 10th. The company reported GBX (5.10) earnings per share for the quarter. Artisanal Spirits had a negative net margin of 14.52% and a negative return on equity of 20.58%. Analysts expect that The Artisanal Spirits Company plc will post 0.998964 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Separately, Panmure Gordon dropped 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 equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of GBX 75.
Get Our Latest Analysis on Artisanal Spirits
About Artisanal Spirits
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Get Free Report)
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.
Further Reading
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