At the last check on Thursday, Fresh Vine Wine Inc.’s (AMEX:VINE) stock was up $0.01, moving up 1.19 percent to $0.48. The average number of shares traded per day over the past five days has been 477,298 shares. 5 times new highs have been achieved over the past 5 days, with a $0.0983 gain in that time frame. In the last twenty days, the average volume was 638,805, while in the previous 50 days, it was 1,590,082.
Since last month, VINE stock rose 16.00%. Shares of the company fell to $0.3700 on 08/22/23, the lowest level in the past month. A 52-week high of $2.43 was reached on 02/02/23 after having rallying from a 52-week low of $0.21. Since the beginning of this year, VINE’s stock price has dropped by -51.41% or -$0.4940, and marked a new high 6 times. However, the stock has declined by -80.42% since its 52-week high.
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VINE stock investors should be aware that Fresh Vine Wine Inc. (VINE) stock had its last reported insider trading activity 6 days ago on Sep 15. CSS LLC/IL, the 10% Owner of the company, disposed of 96,617 shares for $0.41 on Sep 15. It resulted in a $39,816 divestment by the insider. CSS LLC/IL sold 132,542 shares at an average price of $0.39 on Sep 14. The insider now owns 556,384 shares following the transaction. On Sep 06, 10% Owner CSS LLC/IL sold 30,000 shares at $0.50 apiece. The transaction was valued at $15,099.
Valuation Metrics
The stock’s beta is 1.14. Besides these, the trailing price-to-sales (P/S) ratio of 4.04, the price-to-book (PB) ratio of 3.40.
Financial Health
In the recent quarter, Fresh Vine Wine Inc.’s quick ratio stood at 1.20, while its current ratio was 2.30, showing that the company is able to pay off its debt. Based on annual data, VINE earned $0.31 million in gross profit and brought in $2.86 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -272.00%. Return on equity (ROE) for the past 12 months was -227.20%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. VINE’s revenue fell -209.09% to $0.41 million during the quarter, while net income inched up to $0.33 million. During the quarter, the company generated -$4.42 million in EBITDA. The liabilities of Fresh Vine Wine Inc. were 1.46 million at the end of its most recent quarter. The value of shareholders’ equity is $15.98 million.
Technical Picture
This quick technical analysis looks at Fresh Vine Wine Inc.’s (VINE) price momentum. With a historical volatility rate of 70.41%, the RSI 9-day stood at 63.50% on 20 September.
With respect to its five-day moving average, the current Fresh Vine Wine Inc. price is up by +25.43% percent or $0.0983. At present, VINE shares trade +10.38% above its 20-day simple moving average and +1.02% percent above its 100-day simple moving average. However, the stock is currently trading approximately -6.93% below its SMA50 and -68.10% below its SMA200.
Stochastic coefficient K was 62.50% and Stochastic coefficient D was 51.47%, while ATR was 0.0444. Given the Stochastic reading of 74.47% for the 14-day period, the RSI (14) reading has been calculated as 57.66%. As of today, the MACD Oscillator reading stands at 0.0342, while the 14-day reading stands at 0.0270.
Analyst Ratings
Fresh Vine Wine Inc. (VINE) has been rated – by analysts. According to 0 brokerage firms, VINE is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Fresh Vine Wine Inc. stock as buy, with 0 recommending it as overweight.
