Should You Sell Fresh Vine Wine Inc (VINE) And Go Away This Year?

Fresh Vine Wine Inc (AMEX:VINE) currently has a daily average trading volume of 415.69K but it saw 1012136 shares traded in last market. With a market cap of 11.67M USD, the company’s current market price of $0.73 came rising about 13.96 while comparing to the previous closing price of $0.64. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.06 and as low as $0.25. In the recent trading on the day, stock has struck highest price mark of $0.5884 while lowest mark touched by it was $0.75.

Taking a look at 20-day trading activity of Fresh Vine Wine Inc (VINE) gives us an average price of $0.4937, while its current price level is -31.13% below from 52-week high level whereas it is 190.49% 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 $0.4410 while that of 200 days or SMA-200 reads an average of $0.6314. A closer look into the stock’s movement over the week reveals that its volatility is standing at 19.20% during that period while stretching the period over a month that decreases to 13.05%. 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 74.16 which implies that the stock is in overbought territory.

Over the week, VINE’s stock price is moving 26.89% up while it is 94.67% when we observe its performance for the past one month. Year-to-date it is -19.77% down and over the past year, the stock is showing an upside performance of 56.99%.

Currently, Fresh Vine Wine Inc’s total number of outstanding shares is 15.98M. Company’s return on equity (ROE) at -6611.13%. Stock’s beta reads 2.10. Stock has a price to sale or P/S ratio amounts to 9.26. Its return on asset (ROA) is -268.30% on average.