Heritage Distilling Holding Co. Inc (CASK) Stock: Tracking the Weekly Performance

The simple moving average for the last 20 days is 0.00% for CASK’s stock, with a simple moving average of 0.00% for the last 200 days.

CASK) stock’s latest price update

Heritage Distilling Holding Co. Inc (NASDAQ: CASK)’s stock price has dropped by -15.00 in relation to previous closing price of 4.00. globenewswire.com reported 2024-11-22 that GIG HARBOR, Wash., Nov. 22, 2024 (GLOBE NEWSWIRE) — Heritage Distilling Holding Company Inc. (“Heritage” or the “Company”) (Nasdaq: CASK), a leading craft distiller of innovative premium brands, including whiskeys, vodkas, gins, rums and ready-to-drink canned cocktails, today announced the pricing of its initial public offering of 1,687,500 shares of common stock at an initial public offering price of $4.00 per share, for gross proceeds of approximately $6.75 million, before deducting underwriting discounts and offering expenses. All shares of common stock are being offered by Heritage. In addition, Heritage has granted the underwriters a 30-day over-allotment option to purchase up to an additional 253,125 shares of common stock at the initial public offering price, less underwriting discounts and commissions.

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CASK Trading at 0.00% from the 50-Day Moving Average

After a stumble in the market that brought CASK to its low price for the period of the last 52 weeks, the company was N/A to rebound, for now settling with N/A of N/A for the given period.

During the last 5 trading sessions, CASK fell by -15.00%, in comparison to the 20-day moving average. In addition, Heritage Distilling Holding Co. Inc saw 0.00% in overturn over a single year, with a tendency to cut further losses.

Conclusion

In conclusion, Heritage Distilling Holding Co. Inc (CASK) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”.

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