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 338.26K but it saw 70762 shares traded in last market. With a market cap of 11.17M USD, the company’s current market price of $0.70 came rising about 2.01 while comparing to the previous closing price of $0.69. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.25 and as low as $0.25. In the recent trading on the day, stock has struck highest price mark of $0.67 while lowest mark touched by it was $0.726.

Taking a look at 20-day trading activity of Fresh Vine Wine Inc (VINE) gives us an average price of $0.6273, while its current price level is -44.01% below from 52-week high level whereas it is 178.15% 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 $0.6910 while that of 200 days or SMA-200 reads an average of $0.6103. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.28% during that period while stretching the period over a month that increases to 11.57%. 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 55.51 which implies that the stock is in neutral territory.

Over the week, VINE’s stock price is moving 20.10% up while it is -0.88% when we observe its performance for the past one month. Year-to-date it is 20.10% up and over the past year, the stock is showing a downside performance of -23.07%.

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 2.11. Stock has a price to sale or P/S ratio amounts to 23.27. Its return on asset (ROA) is -248.51% on average.