Amaze (NYSEAMERICAN:AMZE) Shares Down 6.9% – Time to Sell?

Amaze Holdings (NYSEAMERICAN:AMZE) shares fell 6.9% during mid-day trading on Thursday . The stock traded as low as $0.3216 and last traded at $0.3251. 930,180 shares were traded during trading, a decline of 10% from the average session volume of 1,031,178 shares. The stock had previously closed at $0.3491.

Analysts Set New Price Targets

Several research firms have weighed in on AMZE. LADENBURG THALM/SH SH began 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. Zacks Research raised Amaze to a “hold” rating in a research report on Friday, January 23rd. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $3.00.

Amaze Trading Down 6.9%

Institutional Investors Weigh In On Amaze

An institutional investor recently bought a new position in Amaze stock. Jane Street Group LLC acquired a new stake in shares of Amaze Holdings (NYSEAMERICAN:AMZE) in the fourth quarter, according to the company in its most recent 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 about 0.43% of Amaze as of its most recent filing with the SEC. Hedge funds and other institutional investors 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.