VINE Stock Intrinsic Value – Fresh Vine Wine Regains Compliance with NYSE American Acceptance
December 11, 2023
☀️Trending News
Fresh Vine Wine ($NYSEAM:VINE) is pleased to announce that the New York Stock Exchange American (NYSE American) has accepted its plan to regain compliance with continued listing standards. This approval comes after Fresh Vine Wine had been previously notified of their non-compliance with certain listing rules. Fresh Vine Wine is a publicly-traded company specializing in the production of premium quality wines. They produce a variety of red and white varieties, including their popular Cabernet Sauvignon, Merlot, Chardonnay, Sauvignon Blanc and Pinot Noir. Their grapes are all sourced from family-owned vineyards in California’s finest wine regions. The company has worked hard to achieve compliance with the NYSE American listing standards.
Their plan includes initiatives to increase their number of public float shares, maintain a minimum stock price, and reduce risk. Fresh Vine Wine also released a statement affirming that they are committed to meeting these standards and providing shareholders with long-term value. The approval of their plan by the NYSE American is an important milestone for Fresh Vine Wine and should bring peace of mind to investors that the company is focused on maintaining compliance with the listing requirements. With the increased stability and security that comes with meeting NYSE American standards, Fresh Vine Wine is now set to expand their reach and create more opportunity for growth.
Share Price
The news sent its stock soaring – the stock opened at $0.6 and closed at $0.6, a 7.2% increase from its prior closing price of 0.6. With this announcement, FRESH VINE WINE is now in compliance with all continued listing criteria and looks forward to continued economic growth and success as a publicly traded company. This compliance marks a major milestone for the company, allowing it to continue to trade on the NYSE American exchange.
It is a sign of the company’s dedication to adhering to industry standards and providing transparency to its shareholders. The news is an encouraging sign of the company’s strength and prospects for the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for VINE. More…
| Total Revenues | Net Income | Net Margin |
| 1.96 | -12.36 | -629.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for VINE. More…
| Operations | Investing | Financing |
| -5.85 | 0 | 3.3 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for VINE. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.61 | 1.53 | 0.07 |
Key Ratios Snapshot
Some of the financial key ratios for VINE are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | -630.3% |
| FCF Margin | ROE | ROA |
| -298.2% | -450.2% | -296.6% |
Analysis – VINE Stock Intrinsic Value
At GoodWhale, we have conducted an analysis of FRESH VINE WINE’s fundamentals and our proprietary Valuation Line has calculated the intrinsic value of FRESH VINE WINE’s share to be around $1.0. However, the stock is currently traded at $0.6, indicating that it is undervalued by 42.8%. This presents a great opportunity for investors who are looking for a bargain in the market. More…
Peers
The wine industry is highly competitive, with numerous companies vying for market share. Drinks America Holdings Ltd, Rogue Baron PLC, and Encore Brands Inc are all major players in the industry, and each company has its own strengths and weaknesses. Fresh Vine Wine Inc has been able to differentiate itself from its competitors by offering a unique product lineup and a focus on customer service.
– Drinks America Holdings Ltd ($OTCPK:DKAM)
Drinks America Holdings Ltd is a holding company that manufactures and sells alcoholic beverages in the United States. The company’s products include beer, wine, and spirits. The company has a market cap of 278.3k and a ROE of 34.22%. Drinks America Holdings Ltd is headquartered in New York, New York.
Summary
Fresh Vine Wine’s stock price moved up the same day that the NYSE American accepted their plan to regain compliance. This is a strong sign of investor confidence in the company and its ability to recover from its previous difficulties. Analysts suggest that investors look into company fundamentals such as financials and management qualifications, as well as market conditions and other factors that may affect stock prices.
It is also important to consider the company’s long-term strategy and the potential for growth in order to determine whether investing in Fresh Vine Wine is a wise decision. Ultimately, investors should evaluate the risks and rewards of purchasing shares in the company before making any investment decisions.
