Fresh Vine Wine Inc (AMEX:VINE) 64.29% Above Its 52-Week Low, But Can It Keep Rising?

In last trading session, Fresh Vine Wine Inc (AMEX:VINE) saw 70762.0 shares changing hands with its beta currently measuring 2.11. Company’s recent per share price level of $0.70 trading at $0.01 or 2.01% at ring of the bell on the day assigns it a market valuation of $11.17M. That closing price of VINE’s stock is at a discount of -78.57% from its 52-week high price of $1.25 and is indicating a premium of 64.29% from its 52-week low price of $0.25. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.17 million shares which gives us an average trading volume of 338.26K if we extend that period to 3-months.

Fresh Vine Wine Inc (AMEX:VINE) trade information

Upright in the green during last session for gaining 2.01%, in the last five days VINE remained trading in the green while hitting it’s week-highest on Monday, 01/06/25 when the stock touched $0.70 price level, adding 4.1% to its value on the day. Fresh Vine Wine Inc’s shares saw a change of 20.10% in year-to-date performance and have moved 20.10% in past 5-day. Fresh Vine Wine Inc (AMEX:VINE) showed a performance of -0.88% in past 30-days. Number of shares sold short was 0.24 million shares which calculate 0.55 days to cover the short interests.

Fresh Vine Wine Inc (VINE) estimates and forecasts

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -114.73% during past 5 years.

Fresh Vine Wine Inc (AMEX:VINE)’s Major holders

Insiders are in possession of 36.52% of company’s total shares while institution are holding 1.24 percent of that, with stock having share float percentage of 1.95%. Investors also watch the number of corporate investors in a company very closely, which is 1.24% institutions for Fresh Vine Wine Inc that are currently holding shares of the company. GEODE CAPITAL MANAGEMENT, LLC is the top institutional holder at VINE for having 47738.0 shares of worth $29186.0. And as of 2024-06-30, it was holding 0.2988 of the company’s outstanding shares.

The second largest institutional holder is NEWBRIDGE FINANCIAL SERVICES GROUP, INC., which was holding about 43134.0 shares on 2024-06-30. The number of shares represents firm’s hold over 0.27 of outstanding shares, having a total worth of $26372.0.