Shares of Fresh Vine Wine, Inc. (NYSEAMERICAN:VINE – Get Free Report) dropped 2.6% during trading on Friday . The company traded as low as $0.71 and last traded at $0.73. Approximately 104,260 shares changed hands during mid-day trading, a decline of 46% from the average daily volume of 192,388 shares. The stock had previously closed at $0.74.
Fresh Vine Wine Stock Performance
The firm has a market cap of $11.59 million, a price-to-earnings ratio of -2.59 and a beta of 2.10.
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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