Separately, Zacks Investment Research upgraded Vintage Wine Estates from a “sell” rating to a “hold” rating in a research note on Wednesday, April 20th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of 14.07.
Shares of VWE opened at 8.62 on Tuesday. The firm has a market cap of $531.78 million and a PE ratio of 862.86. Vintage Wine Estates has a 52-week low of 7.60 and a 52-week high of 13.48. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.72 and a current ratio of 1.85. The business’s 50 day moving average price is 9.49 and its two-hundred day moving average price is 9.71.
Several large investors have recently made changes to their positions in the stock. Caspian Capital LP purchased a new stake in Vintage Wine Estates in the 4th quarter valued at about $17,228,000. Russell Investments Group Ltd. purchased a new stake in shares of Vintage Wine Estates during the third quarter valued at approximately $210,000. Glovista Investments LLC bought a new stake in Vintage Wine Estates during the third quarter worth $382,000. Cooper Haims Advisors LLC purchased a new position in Vintage Wine Estates in the fourth quarter worth $118,000. Finally, The Manufacturers Life Insurance Company bought a new position in Vintage Wine Estates in the 3rd quarter valued at $2,295,000.
About Vintage Wine Estates (Get Rating)
Vintage Wine Estates, Inc produces and sells wines and craft spirits in the United States, Canada, and internationally. The company offers its products under the Layer Cake, Firesteed, Bar Dog, Middle Sister, Cherry Pie, Cartlidge & Browne, GAZE Wine Cocktails, Girard, Clos Pegase, Laetitia Vineyard and Winery, Swanson Vineyards, Kunde Family Winery, Viansa, and B.R.
- Get a free copy of the StockNews.com research report on Vintage Wine Estates (VWE)
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