Fresh Vine Wine (NYSEAMERICAN:VINE) Shares Down 7.5% – Time to Sell?

Shares of Fresh Vine Wine, Inc. (NYSEAMERICAN:VINEGet Free Report) were down 7.5% on Monday . The company traded as low as $0.56 and last traded at $0.58. Approximately 80,470 shares changed hands during trading, a decline of 68% from the average daily volume of 250,511 shares. The stock had previously closed at $0.63.

Fresh Vine Wine Stock Performance

The company has a market capitalization of $9.31 million, a P/E ratio of -1.49 and a beta of 2.26.

About Fresh Vine Wine

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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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