Amaze Shares Set to Reverse Split on Monday, July 27th (NYSEAMERICAN:AMZE)

Amaze Holdings (NYSEAMERICAN:AMZE) shares are set to reverse split before the market opens on Monday, July 27th. The 1-8 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, July 26th.

Amaze Stock Performance

NYSEAMERICAN:AMZE opened at $0.74 on Friday. The firm has a market cap of $43.46 million, a P/E ratio of -0.09 and a beta of 1.64. Amaze has a twelve month low of $0.07 and a twelve month high of $11.70. The business’s 50 day moving average price is $0.15.

Amaze (NYSEAMERICAN:AMZE) last issued its quarterly earnings results on Friday, May 15th. The company reported ($0.16) earnings per share for the quarter. The firm had revenue of $0.47 million for the quarter. As a group, research analysts forecast that Amaze will post 0.16 EPS for the current year.

Insiders Place Their Bets

In other Amaze news, CEO Aaron Day purchased 470,000 shares of the stock in a transaction on Wednesday, May 20th. The shares were purchased at an average cost of $0.14 per share, for a total transaction of $65,800.00. Following the purchase, the chief executive officer owned 1,045,315 shares of the company’s stock, valued at approximately $146,344.10. This represents a 81.69% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.90% of the company’s stock.

Hedge Funds Weigh In On Amaze

An institutional investor recently bought a new position in Amaze stock. Jane Street Group LLC acquired a new stake in Amaze Holdings (NYSEAMERICAN:AMZE) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 85,455 shares of the company’s stock, valued at approximately $32,000. Jane Street Group LLC owned approximately 0.43% of Amaze at the end of the most recent reporting period. 23.00% of the stock is currently owned by institutional investors.

About Amaze

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.