Winc (NYSEAMERICAN:WBEV) Trading Down 22.2% – Should You Sell?

Shares of Winc, Inc. (NYSEAMERICAN:WBEVGet Free Report) fell 22.2% on Monday . The stock traded as low as $0.13 and last traded at $0.14. 582,400 shares traded hands during mid-day trading, an increase of 133% from the average session volume of 250,366 shares. The stock had previously closed at $0.18.

Winc Stock Performance

The firm has a market cap of $1.86 million and a price-to-earnings ratio of -0.08.

Winc Company Profile

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Winc, Inc engages in sourcing, bottling, labeling, and distributing wine under its own winery license in the United States and internationally. It operates through DTC and Wholesale segments. The company offers wines and non-alcoholic wines under the Summer Water, Wonderful Wine Company, Lost Poet, Folly of the Beast, Chop Shop, and Cherries and Rainbows brand names; and ready to drink cocktails, and spirits and beers.

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