The stock of Vintage Wine Estates Inc (VWE) has seen a 54.15% increase in the past week, with a -7.50% drop in the past month, and a -35.23% decrease in the past quarter. The volatility ratio for the week is 29.21%, and the volatility levels for the past 30 days are at 20.11% for VWE. The simple moving average for the past 20 days is 16.93% for VWE’s stock, with a -45.69% simple moving average for the past 200 days.
Is It Worth Investing in Vintage Wine Estates Inc (NASDAQ: VWE) Right Now?
Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for VWE is 31.12M, and currently, short sellers hold a 1.05% ratio of that float. The average trading volume of VWE on May 06, 2024 was 218.57K shares.
VWE) stock’s latest price update
The stock price of Vintage Wine Estates Inc (NASDAQ: VWE) has dropped by -14.36 compared to previous close of 0.36. Despite this, the company has seen a gain of 54.15% in its stock price over the last five trading days. Seeking Alpha reported 2023-11-14 that Vintage Wine Estates, Inc. (NASDAQ:VWE ) Q1 2024 Earnings Conference Call November 14, 2023 4:45 PM ET Company Participants Deborah Pawlowski – Kei Advisors Seth Kaufman – President & CEO Kristina Johnston – CFO Conference Call Participants Operator Good afternoon. Thank you for attending today’s Vintage Wine Estates First Quarter Fiscal Year ’24 financial results.
Analysts’ Opinion of VWE
Many brokerage firms have already submitted their reports for VWE stocks, with Telsey Advisory Group repeating the rating for VWE by listing it as a “Underperform.” The predicted price for VWE in the upcoming period, according to Telsey Advisory Group is $1.50 based on the research report published on February 09, 2023 of the previous year 2023.
Canaccord Genuity, on the other hand, stated in their research note that they expect to see VWE reach a price target of $1, previously predicting the price at $2. The rating they have provided for VWE stocks is “Sell” according to the report published on February 09th, 2023.
Telsey Advisory Group gave a rating of “Outperform” to VWE, setting the target price at $3.50 in the report published on December 09th of the previous year.
VWE Trading at -13.83% from the 50-Day Moving Average
After a stumble in the market that brought VWE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -78.13% of loss for the given period.
Volatility was left at 20.11%, however, over the last 30 days, the volatility rate increased by 29.21%, as shares sank -1.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -24.62% lower at present.
During the last 5 trading sessions, VWE rose by +54.15%, which changed the moving average for the period of 200-days by -70.50% in comparison to the 20-day moving average, which settled at $0.2634. In addition, Vintage Wine Estates Inc saw -38.62% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VWE starting from Roney Patrick A, who purchase 100,000 shares at the price of $0.53 back on Dec 13 ’23. After this action, Roney Patrick A now owns 410,400 shares of Vintage Wine Estates Inc, valued at $53,000 using the latest closing price.
Proctor Timothy D, the Director of Vintage Wine Estates Inc, purchase 1,802 shares at $0.57 during a trade that took place back on Nov 30 ’23, which means that Proctor Timothy D is holding 143,295 shares at $1,027 based on the most recent closing price.
Stock Fundamentals for VWE
Current profitability levels for the company are sitting at:
- -0.43 for the present operating margin
- 0.15 for the gross margin
The net margin for Vintage Wine Estates Inc stands at -0.46. The total capital return value is set at -0.84. Equity return is now at value -72.04, with -20.96 for asset returns.
Based on Vintage Wine Estates Inc (VWE), the company’s capital structure generated 0.75 points at debt to capital in total, while cash flow to debt ratio is standing at -0.0. The debt to equity ratio resting at 3.04. The interest coverage ratio of the stock is -5.62.
Currently, EBITDA for the company is -16.11 million with net debt to EBITDA at -6.15. When we switch over and look at the enterprise to sales, we see a ratio of 1.24. The receivables turnover for the company is 11.5for trailing twelve months and the total asset turnover is 0.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.69.
Conclusion
To put it simply, Vintage Wine Estates Inc (VWE) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
