Market Recap: Fresh Vine Wine Inc (VINE)’s Positive Momentum, Closing at 0.58

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The closing price of Fresh Vine Wine Inc (AMEX: VINE) was $0.58 for the day, up 2.65% from the previous closing price of $0.57. In other words, the price has increased by $2.65 from its previous closing price. On the day, 0.19 million shares were traded. VINE stock price reached its highest trading level at $0.6164 during the session, while it also had its lowest trading level at $0.564.

Ratios:

Our analysis of VINE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.07 and its Current Ratio is at 0.14.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VINE now has a Market Capitalization of 9298149 and an Enterprise Value of 9920286. For the stock, the TTM Price-to-Sale (P/S) ratio is 19.38. Its current Enterprise Value per Revenue stands at 7.858.

Stock Price History:

Over the past 52 weeks, VINE has reached a high of $1.25, while it has fallen to a 52-week low of $0.25. The 50-Day Moving Average of the stock is -19.00%, while the 200-Day Moving Average is calculated to be -4.85%.

Shares Statistics:

VINE traded an average of 341.99K shares per day over the past three months and 148080 shares per day over the past ten days. A total of 15.98M shares are outstanding, with a floating share count of 10.83M. Insiders hold about 32.24% of the company’s shares, while institutions hold 1.18% stake in the company. Shares short for VINE as of 1730332800 were 236763 with a Short Ratio of 1.05, compared to 1727654400 on 255452. Therefore, it implies a Short% of Shares Outstanding of 236763 and a Short% of Float of 1.66.

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