Gaucho Group (OTCMKTS:VINO) Trading Down 26.7% – Here’s Why

Gaucho Group Holdings, Inc. (OTCMKTS:VINO) was down 26.7% during mid-day trading on Thursday . The stock traded as low as $1.10 and last traded at $1.10. Approximately 189 shares were traded during mid-day trading, an increase of 936% from the average daily volume of 18 shares. The stock had previously closed at $1.50.

Gaucho Group Price Performance

The firm has a market cap of $1.05 million, a P/E ratio of -0.03 and a beta of 0.67. The company’s 50 day simple moving average is $1.63 and its 200-day simple moving average is $1.32.

Gaucho Group Company Profile

Gaucho Group Holdings, Inc, through its subsidiaries, engages in the investment, development, management, and operation of real estate projects in Argentina. Its development projects include residential vineyard lots. The company also owns and operates boutique hotels, hospitality, and luxury vineyard property market; golf, tennis, and wellness resorts; as well as restaurant; and engages in production and sale of wine. In addition, it manufactures and sells leather goods, ready-to-wear, home décor, fashion products, and home accessories through e-commerce platforms.