Shares of Fresh Vine Wine, Inc. (NYSEAMERICAN:VINE – Get Free Report) traded down 8.3% during trading on Wednesday . The company traded as low as $0.4056 and last traded at $0.44. 6,710,062 shares traded hands during trading, an increase of 2,100% from the average session volume of 305,047 shares. The stock had previously closed at $0.48.
Fresh Vine Wine Price Performance
The company’s 50-day simple moving average is $1.22 and its two-hundred day simple moving average is $4.43. The firm has a market capitalization of $7.03 million, a P/E ratio of -1.57 and a beta of 2.15.
About Fresh Vine Wine
Fresh Vine Wine, Inc produces and sells low-carb and low-calorie wines in the United States and Puerto Rico. Its wine varietals include Cabernet Sauvignon, Chardonnay, Pinot Noir, Rosé, Sauvignon Blanc, Sparkling Rosé, and Reserve Napa Cabernet Sauvignon. The company sells its products through wholesale, retail, and direct-to-consumer channels.
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