Amaze (NYSEAMERICAN:AMZE) Trading Down 1.7% – Here’s What Happened

Amaze Holdings (NYSEAMERICAN:AMZE)’s stock price fell 1.7% during mid-day trading on Wednesday . The company traded as low as $0.3725 and last traded at $0.3725. 467,457 shares changed hands during mid-day trading, a decline of 94% from the average session volume of 7,579,519 shares. The stock had previously closed at $0.3790.

Wall Street Analyst Weigh In

A number of research firms have weighed in on AMZE. 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 for the company. 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’s stock. According to MarketBeat.com, Amaze has an average rating of “Moderate Buy” and an average target price of $3.00.

Amaze Stock Performance

Institutional Inflows and Outflows

An institutional investor recently raised its position in Amaze stock. Geode Capital Management LLC raised its holdings in Amaze Holdings (NYSEAMERICAN:AMZE) by 254.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 142,373 shares of the company’s stock after buying an additional 102,248 shares during the quarter. Geode Capital Management LLC owned 0.71% of Amaze worth $54,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 23.00% of the company’s stock.

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.