Ideas And Forecasts On Fresh Vine Wine Inc (AMEX: VINE)

Fresh Vine Wine Inc (AMEX:VINE) currently has a daily average trading volume of 280.26K but it saw 953162 shares traded in last market. With a market cap of 8.31M USD, the company’s current market price of $0.52 came rising about 2.00 while comparing to the previous closing price of $0.51. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.06 and as low as $0.28.

Taking a look at 20-day trading activity of Fresh Vine Wine Inc (VINE) gives us an average price of $0.5994, while its current price level is -50.93% below from 52-week high level whereas it is 85.75% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.5606 while that of 200 days or SMA-200 reads an average of $0.6461. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.28% during that period while stretching the period over a month that increases to 16.43%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 43.91 which implies that the stock is in neutral territory.

Over the week, VINE’s stock price is moving -10.64% down while it is 6.32% when we observe its performance for the past one month. Year-to-date it is -42.84% down and over the past year, the stock is showing an upside performance of 20.93%.

Currently, Fresh Vine Wine Inc’s total number of outstanding shares is 15.98M. Company’s return on equity (ROE) at -443.45%. Stock’s beta reads 2.06. Stock has a price to sale or P/S ratio amounts to 5.47. Its return on asset (ROA) is -221.93% on average.