Willamette Valley Vineyards (NASDAQ:WVVI) Shares Cross Below Two Hundred Day Moving Average – Time to Sell?

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $2.76 and traded as low as $2.74. Willamette Valley Vineyards shares last traded at $2.6690, with a volume of 2,985 shares traded.

Willamette Valley Vineyards Trading Down 0.0%

The firm has a market capitalization of $13.29 million, a PE ratio of -4.38 and a beta of 0.19. The stock’s 50-day moving average price is $2.71 and its 200 day moving average price is $2.76. The company has a debt-to-equity ratio of 0.63, a current ratio of 3.45 and a quick ratio of 0.47.

Willamette Valley Vineyards (NASDAQ:WVVI) last issued its earnings results on Wednesday, May 13th. The company reported ($0.24) EPS for the quarter. The company had revenue of $8.26 million for the quarter. Willamette Valley Vineyards had a negative return on equity of 3.30% and a negative net margin of 1.99%.

Hedge Funds Weigh In On Willamette Valley Vineyards

Hedge funds and other institutional investors have recently modified their holdings of the business. Raymond James Financial Inc. bought a new position in shares of Willamette Valley Vineyards during the second quarter valued at approximately $41,000. Susquehanna International Group LLP bought a new position in shares of Willamette Valley Vineyards during the third quarter valued at approximately $39,000. EP Wealth Advisors LLC bought a new position in shares of Willamette Valley Vineyards during the fourth quarter valued at approximately $48,000. Teton Advisors LLC bought a new position in shares of Willamette Valley Vineyards during the third quarter valued at approximately $82,000. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in Willamette Valley Vineyards by 108,584.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 342,357 shares of the company’s stock valued at $1,044,000 after acquiring an additional 342,042 shares in the last quarter. 12.24% of the stock is currently owned by institutional investors.

About Willamette Valley Vineyards

Willamette Valley Vineyards, Inc (NASDAQ: WVVI) is an Oregon-based winery specializing in the cultivation, production and marketing of premium cool-climate wines. The company’s core business activities encompass estate vineyard management, winemaking, and direct-to-consumer sales through tasting rooms and wine clubs. Its portfolio features key varietals such as Pinot Noir, Pinot Gris, Chardonnay and Riesling, reflecting the unique terroir of the Willamette Valley American Viticultural Area (AVA).

Founded in 1983 by Jim Bernau, Willamette Valley Vineyards has grown from a small family operation into one of the leading publicly traded wineries in the United States.