The trading price of Fresh Vine Wine Inc (AMEX:VINE) closed higher on Friday, January 17, and closing at $0.69, 22.98% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $0.57 and $0.6899. In examining the 52-week price action we see that the stock hit a 52-week high of $1.25 and a 52-week low of $0.25. Over the past month, the stock has gained 11.27% in value.
Fresh Vine Wine Inc, whose market valuation is $11.02 million at the time of this writing, is expected to release its quarterly earnings report in February. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest VINE has a 50% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
A quick review shows that VINE’s price is currently 14.50% off the SMA20 and 6.15% off the SMA50. The RSI metric on the 14-day chart is currently showing 55.59, and weekly volatility stands at 16.16%. When measured over the past 30 days, the indicator reaches 13.69%. Fresh Vine Wine Inc (AMEX:VINE)’s beta value is currently sitting at 2.11, while the Average True Range indicator is currently displaying 0.08.
To see how Fresh Vine Wine Inc stock has been performing in comparison to its peers in the industry, here are the numbers: VINE stock’s performance was 22.98% in the latest trading, and -19.78% in the past year.
An evaluation of the daily trading volume of Fresh Vine Wine Inc (AMEX:VINE) indicates that the 3-month average is 304.22K. However, this figure has increased over the past 10 days to an average of 0.16.
Currently, records show that 15.98 million of the company’s shares remain outstanding. The insiders hold 32.24% of outstanding shares, whereas institutions hold 1.18%. The stats also highlight that short interest as of 2024-10-31, stood at 0.24 million shares, resulting in a short ratio of 0.55 at that time. From this, we can conclude that short interest is 166.00 of the company’s total outstanding shares. It is noteworthy that short shares in October were down slightly from the previous month’s figure, which was 0.26 million. However, since the stock’s price has seen 18.54% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
