Let’s Discuss The Fresh Vine Wine Inc (AMEX: VINE) Stock Forecast.

In the last trading session, 1.19 million shares of the Fresh Vine Wine Inc (AMEX:VINE) were traded, and its beta was 2.16. Most recently the company’s share price was $0.71, and it changed around -$0.01 or -1.07% from the last close, which brings the market valuation of the company to $11.41M. VINE currently trades at a discount to its 52-week high of $1.25, offering almost -76.06% off that amount. The share price’s 52-week low was $0.25, which indicates that the current value has risen by an impressive 64.79% since then. We note from Fresh Vine Wine Inc’s average daily trading volume that its 10-day average is 0.17 million shares, with the 3-month average coming to 206.21K.

Fresh Vine Wine Inc (AMEX:VINE) trade information

Instantly VINE has showed a red trend with a performance of -1.07% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.8450 on recent trading dayincreased the stock’s daily price by 15.98%. The company’s shares are currently up 22.65% year-to-date, but still down -10.77% over the last five days. On the other hand, Fresh Vine Wine Inc (AMEX:VINE) is 15.93% up in the 30-day period. We can see from the shorts that 0.24 million shares have been sold at a short interest cover period of 0.55 day(s).

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

Upon looking at major shareholders, it appears that insiders hold 36.52% of Fresh Vine Wine Inc shares, and 1.24% of them are in the hands of institutional investors. The stock currently has a share float of 1.95%. Fresh Vine Wine Inc stock is held by 12.0 institutions, with GEODE CAPITAL MANAGEMENT, LLC being the largest institutional investor. By 2024-06-30, it held 0.2988% of the shares, which is about 47738.0 shares worth $29186.0.

NEWBRIDGE FINANCIAL SERVICES GROUP, INC., with 0.27% or 43134.0 shares worth $26372.0 as of 2024-06-30, holds the second largest percentage of outstanding shares.

Fidelity Extended Market Index Fund and Fidelity Total Market Index Fund were the top two Mutual Funds as of Nov 30, 2024. The former held 62.69 shares worth $44745.0, making up 0.39% of all outstanding shares. On the other hand, Fidelity Total Market Index Fund held roughly 18.22 shares worth around $13006.0, which represents about 0.11% of the total shares outstanding.