Fresh Vine Wine, Inc. (NYSEAMERICAN:VINE – Get Free Report) was up 10.6% during mid-day trading on Friday . The company traded as high as $0.2490 and last traded at $0.2115. Approximately 23,040,419 shares were traded during trading, an increase of 7,453% from the average daily volume of 305,047 shares. The stock had previously closed at $0.1912.
Fresh Vine Wine Stock Up 10.6%
The stock’s 50 day moving average price is $0.20 and its 200-day moving average price is $0.36. The stock has a market capitalization of $3.38 million, a P/E ratio of -0.76 and a beta of 2.15.
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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