Amaze (NYSEAMERICAN:AMZE) Trading 10.6% Higher – Should You Buy?

Amaze Holdings (NYSEAMERICAN:AMZE) shares traded up 10.6% during mid-day trading on Thursday . The company traded as high as $0.2490 and last traded at $0.2115. 21,916,411 shares traded hands during trading, an increase of 115% from the average session volume of 10,200,668 shares. The stock had previously closed at $0.1912.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Zacks Research upgraded shares of Amaze to a “hold” rating in a research report on Friday, January 23rd. LADENBURG THALM/SH SH assumed coverage on shares of Amaze in a research report on Wednesday, January 21st. They set a “buy” rating and a $3.00 target price on the stock. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $3.00.

Amaze Price Performance

The firm has a fifty day simple moving average of $0.20. The company has a market capitalization of $7.57 million, a PE ratio of -0.02 and a beta of 1.62.

Amaze (NYSEAMERICAN:AMZE) last issued its quarterly earnings results on Friday, May 15th. The company reported ($0.16) earnings per share for the quarter. Amaze had a negative return on equity of 98.21% and a negative net margin of 571.96%.The company had revenue of $0.47 million for the quarter. On average, research analysts anticipate that Amaze Holdings will post 0.16 EPS for the current year.

Institutional Investors Weigh In On Amaze

An institutional investor recently bought a new position in Amaze stock. Jane Street Group LLC bought a new stake in Amaze Holdings (NYSEAMERICAN:AMZE) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 85,455 shares of the company’s stock, valued at approximately $32,000. Jane Street Group LLC owned 0.43% of Amaze as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 23.00% of the company’s stock.

Amaze Company Profile

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, pinot noir, chardonnay, and rose. The company offers its products through wholesale, retail, and direct-to-consumer channels. Fresh Vine Wine, Inc was founded in 2019 and is based in Plymouth, Minnesota. Fresh Vine Wine, Inc operates as a subsidiary of Nechio & Novak, LLC.