A new trading day began on November 20, 2023, with Fresh Vine Wine Inc (AMEX: VINE) stock priced at $0.45, up 4.86% from the previous day of trading. During the day, the shares moved up to $0.54 and dropped to $0.43 before settling in for the closing price of $0.46. VINE’s price has ranged from $0.21 to $1.99 over the past 52 weeks.
Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Defensive sector was 250.48%. With a float of $8.71 million, this company’s outstanding shares have now reached $13.79 million.
Considering the fact that the conglomerate employs 8 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is +10.80, operating margin of -532.65, and the pretax margin is -531.56.
Fresh Vine Wine Inc (VINE) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Beverages – Wineries & Distilleries Industry. The insider ownership of Fresh Vine Wine Inc is 45.46%, while institutional ownership is 2.51%. The most recent insider transaction that took place on Sep 15, was worth 39,816. In this transaction 10% Owner of this company sold 96,617 shares at a rate of $0.41, taking the stock ownership to the 459,767 shares. Before that another transaction happened on Sep 14, when Company’s 10% Owner sold 132,542 for $0.39, making the entire transaction worth $51,599. This insider now owns 556,384 shares in total.
Fresh Vine Wine Inc (VINE) Earnings and Forecasts
This company achieved a net margin of -531.56 while generating a return on equity of -134.00.
Fresh Vine Wine Inc (AMEX: VINE) Trading Performance Indicators
Here are Fresh Vine Wine Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.22. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.94.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.83
Technical Analysis of Fresh Vine Wine Inc (VINE)
Compared to the last year’s volume of 1.08 million, its volume of 0.32 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 77.76%. Additionally, its Average True Range was 0.04.
During the past 100 days, Fresh Vine Wine Inc’s (VINE) raw stochastic average was set at 38.57%, which indicates a significant decrease from 66.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 65.75% in the past 14 days, which was lower than the 198.72% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.4286, while its 200-day Moving Average is $0.5257. Nevertheless, the first resistance level for the watch stands at $0.5372 in the near term. At $0.5916, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.6451. If the price goes on to break the first support level at $0.4293, it is likely to go to the next support level at $0.3758. Should the price break the second support level, the third support level stands at $0.3214.
Fresh Vine Wine Inc (AMEX: VINE) Key Stats
With a market capitalization of 7.72 million, the company has a total of 15,976K Shares Outstanding. Currently, annual sales are 2,860 K while annual income is -15,200 K. The company’s previous quarter sales were 330 K while its latest quarter income was -4,420 K.