Moreover, the 36-month beta value for VINE is 2.11.
The public float for VINE is 7.88M and currently, short sellers hold a 0.52% of that float. On May 07, 2024, VINE’s average trading volume was 73.47K shares.
VINE) stock’s latest price update
Fresh Vine Wine Inc (AMEX: VINE)’s stock price has gone rise by 14.55 in comparison to its previous close of 0.55, however, the company has experienced a 8.62% increase in its stock price over the last five trading days. Market Watch reported 2023-08-24 that Fresh Vine Wine Inc.’s stock VINE, +7.15% was up 9% in premarket trading on Thursday after the Minneapolis-based low-carb wine maker said it’s exploring strategic opportunities. Options under consideration include a potential merger, acquisition or “any accretive strategic transaction to enhance shareholder value,” the company said.
VINE’s Market Performance
Fresh Vine Wine Inc (VINE) has experienced a 8.62% rise in stock performance for the past week, with a -21.15% drop in the past month, and a -8.70% drop in the past quarter. The volatility ratio for the week is 19.15%, and the volatility levels for the past 30 days are at 12.59% for VINE. The simple moving average for the past 20 days is 6.15% for VINE’s stock, with a 3.27% simple moving average for the past 200 days.
VINE Trading at -8.25% from the 50-Day Moving Average
After a stumble in the market that brought VINE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -40.56% of loss for the given period.
Volatility was left at 12.59%, however, over the last 30 days, the volatility rate increased by 19.15%, as shares sank -4.55% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.83% lower at present.
During the last 5 trading sessions, VINE rose by +8.62%, which changed the moving average for the period of 200-days by +16.67% in comparison to the 20-day moving average, which settled at $0.5920. In addition, Fresh Vine Wine Inc saw -30.76% 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 VINE starting from CSS LLC/IL, who sale 96,617 shares at the price of $0.41 back on Sep 15 ’23. After this action, CSS LLC/IL now owns 459,767 shares of Fresh Vine Wine Inc, valued at $39,816 using the latest closing price.
CSS LLC/IL, the 10% Owner of Fresh Vine Wine Inc, sale 132,542 shares at $0.39 during a trade that took place back on Sep 14 ’23, which means that CSS LLC/IL is holding 556,384 shares at $51,599 based on the most recent closing price.
Stock Fundamentals for VINE
Current profitability levels for the company are sitting at:
- -5.81 for the present operating margin
- -1.42 for the gross margin
The net margin for Fresh Vine Wine Inc stands at -6.0. The total capital return value is set at 12.8. Equity return is now at value -443.76, with -212.82 for asset returns.
Currently, EBITDA for the company is -10.62 million with net debt to EBITDA at 0.03. When we switch over and look at the enterprise to sales, we see a ratio of 5.33. The receivables turnover for the company is 10.61for trailing twelve months and the total asset turnover is 1.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.40.
Conclusion
To wrap up, the performance of Fresh Vine Wine Inc (VINE) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
