Estimating Price Trends For Fresh Vine Wine Inc (AMEX: VINE)

Fresh Vine Wine Inc (AMEX:VINE) does about 320.35K shares in volume on a normal day but saw 687934 shares change hands in the recent trading day. The company now has a market cap of 15.18M USD. Its current market price is $0.95, marking an increase of 23.38% compared to the previous close of $0.77. The 52 week high reached by this stock is $1.06 whilst the lowest price level in 52 weeks is $0.25.

Fresh Vine Wine Inc (VINE) has a 20-day trading average at $0.8249 and the current price is -10.37% off the 52-week high compared with 278.03% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.5935 and its 200-day simple moving average is $0.6326. If we look at the stock’s price movements over the week, volatility stands at 16.12%, which decreases to 15.95% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 62.89 to suggest the stock is neutral.

The current price level is 15.16%, 60.07%, and 50.18% away from its SMA20, SMA50, and SMA200 respectively, with the VINE price moving below the 50-day SMA on current market day. Fresh Vine Wine Inc (VINE) stock is up 28.38% over the week and 66.67% over the past month. Its price is 4.41% year-to-date and 126.19% over the past year.

Outstanding shares total 15.98M with insiders holding 36.52% of the shares and institutional holders owning 0.82% of the company’s common stock. The company has a return on equity of -6611.13%. The beta has a value of 2.25. Price to sales ratio is 12.05.