Gaucho Group (OTCMKTS:VINO) Shares Down 61.1% – What’s Next?

Gaucho Group Holdings, Inc. (OTCMKTS:VINO – Get Free Report) shares dropped 61.1% during mid-day trading on Friday. The company traded as low as $0.56 and last traded at $0.56. Approximately 296 shares were traded during trading, an increase of 17,312% from the average session volume of 2 shares. The stock had previously closed at $1.44.

Gaucho Group Stock Down 61.1%

The stock has a 50 day moving average of $1.42 and a 200 day moving average of $1.44. The company has a market capitalization of $532,000.00, a price-to-earnings ratio of -0.02 and a beta of 0.79.

Gaucho Group Company Profile

(Get Free Report)

Gaucho Group Holdings, Inc, formerly known as Gaucho Group, is a diversified company focused on luxury consumer products, hospitality and real estate opportunities in Argentina. Its activities are conducted primarily through brands and operating businesses associated with Argentine wine, tourism and lifestyle experiences.

The company’s businesses have included the Algodon Wine Estates & Vineyards, a wine and resort development in Mendoza, Argentina, as well as Algodon Mansion, a luxury boutique hotel in Buenos Aires.

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