Fresh Vine Wine, Inc. (NYSEAMERICAN:VINE – Get Free Report) shot up 3.6% on Friday . The stock traded as high as $0.35 and last traded at $0.3450. 521,386 shares changed hands during mid-day trading, an increase of 71% from the average session volume of 305,047 shares. The stock had previously closed at $0.3330.
Fresh Vine Wine Trading Up 3.6%
The company has a market cap of $5.51 million, a P/E ratio of -1.23 and a beta of 2.15. The company has a 50-day simple moving average of $0.60 and a 200 day simple moving average of $3.50.
About Fresh Vine Wine
Fresh Vine Wine (NYSE American: VINE) is a Seattle-based importer, marketer and distributor of value-priced wine brands in the United States and Canada. The company acquires and manages a portfolio of consumer-oriented wine labels sourced from well-established viticultural regions, including the Willamette Valley, Columbia Valley and Mendoza. Its branded offerings span a range of varietals and blends under names such as A to Z Wineworks, Evolution, Stonewall and GV, which are positioned to appeal to everyday wine drinkers seeking quality at accessible price points.
Beyond its core wine business, Fresh Vine Wine has diversified into adjacent categories, including distilled spirits and alcohol-based sanitizers.
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