Fresh Vine Wine, Inc. (NYSEAMERICAN:VINE – Get Free Report)’s stock price shot up 10.6% during trading on Friday . The stock traded as high as $0.2490 and last traded at $0.2115. 23,040,419 shares were traded during trading, an increase of 7,453% from the average session volume of 305,047 shares. The stock had previously closed at $0.1912.
Fresh Vine Wine Stock Down 20.5%
The company has a market capitalization of $2.69 million, a price-to-earnings ratio of -0.60 and a beta of 2.15. The company has a 50 day simple moving average of $0.20 and a 200 day simple moving average of $0.36.
Fresh Vine Wine Company Profile
Fresh Vine Wine (NYSE American: VINE) is a Seattle-based importer, marketer and distributor of value-priced wine brands in the United States and Canada. The company acquires and manages a portfolio of consumer-oriented wine labels sourced from well-established viticultural regions, including the Willamette Valley, Columbia Valley and Mendoza. Its branded offerings span a range of varietals and blends under names such as A to Z Wineworks, Evolution, Stonewall and GV, which are positioned to appeal to everyday wine drinkers seeking quality at accessible price points.
Beyond its core wine business, Fresh Vine Wine has diversified into adjacent categories, including distilled spirits and alcohol-based sanitizers.
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