Amaze Stock Set to Reverse Split on Monday, July 27th (NYSEAMERICAN:AMZE)

Amaze Holdings (NYSEAMERICAN:AMZE) shares are going to reverse split on Monday, July 27th. The 1-8 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, July 26th.

Amaze Price Performance

Amaze stock opened at $0.74 on Thursday. Amaze has a one year low of $0.07 and a one year high of $11.70. The stock has a fifty day moving average of $0.19. The company has a market capitalization of $43.46 million, a price-to-earnings ratio of -0.09 and a beta of 1.64.

Amaze (NYSEAMERICAN:AMZE) last announced its quarterly earnings results on Friday, May 15th. The company reported ($0.16) earnings per share for the quarter. The firm had revenue of $0.47 million during the quarter. On average, research analysts forecast that Amaze will post 0.16 earnings per share for the current year.

Insiders Place Their Bets

In related news, CEO Aaron Day purchased 470,000 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were purchased at an average cost of $0.14 per share, for a total transaction of $65,800.00. Following the completion of the transaction, the chief executive officer directly owned 1,045,315 shares in the company, valued at approximately $146,344.10. This represents a 81.69% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 1.90% of the stock is owned by insiders.

Hedge Funds Weigh In On Amaze

An institutional investor recently bought a new position in Amaze stock. Jane Street Group LLC acquired a new stake in shares of Amaze Holdings (NYSEAMERICAN:AMZE) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 85,455 shares of the company’s stock, valued at approximately $32,000. Jane Street Group LLC owned approximately 0.43% of Amaze at the end of the most recent quarter. 23.00% of the stock is currently owned by hedge funds and other institutional investors.

Amaze Company Profile

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, pinot noir, chardonnay, and rose. The company offers its products through wholesale, retail, and direct-to-consumer channels. Fresh Vine Wine, Inc was founded in 2019 and is based in Plymouth, Minnesota. Fresh Vine Wine, Inc operates as a subsidiary of Nechio & Novak, LLC.