Amaze (NYSEAMERICAN:AMZE) Posts Earnings Results

Amaze (NYSEAMERICAN:AMZE) issued its quarterly earnings results on Wednesday. The company reported ($8.07) earnings per share (EPS) for the quarter, FiscalAI reports. Amaze had a negative return on equity of 23.54% and a negative net margin of 571.96%.The company had revenue of ($0.22) million for the quarter.

Amaze Price Performance

Shares of AMZE traded down $0.01 on Thursday, reaching $0.13. 422,579 shares of the company’s stock were exchanged, compared to its average volume of 3,258,452. The stock’s 50 day simple moving average is $0.35. Amaze has a 12 month low of $0.13 and a 12 month high of $12.42.

Analyst Upgrades and Downgrades

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Amaze stock. Jane Street Group LLC bought a new stake in Amaze Holdings (NYSEAMERICAN:AMZE) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 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. 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.