Vintage Wine Estates, Inc. Common Stock

As of March 11, 2024, five stocks in the consumer staples sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro. Here’s the latest list of major overbought players in this sector. Vintage Wine Estates, Inc. (NASDAQ: VWE) On March 5, Vintage Wine Estates issued an update on asset sales as company progressed towards streamlined business model and announced a forbearance agreement with lenders. The company’s stock gained around 25% over ...

Related tickers: CL, TGT, SFM, VITL, VWE.

The Dow Jones index closed higher by over 50 points on Friday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga's insider transactions platform. Parks! America The Trade: Parks! America, Inc. (OTC: PRKA) 10% owner Harvey Geoffrey Gannon acquired a total of 16,012,700 shares an average price of $0.25. To acquire these shares, it cost around $4 million. What’s Happening: On Dec. 12, the company said total revenues for the fiscal quarter ended Oct. 1, 2023 were $2.85 million, a decline of $212,488, versus the year-ago quarter. What Parks! America Does: Parks! America Inc ...

Related tickers: AWRE, VWE.