Willamette Valley Vineyards (NASDAQ:WVVI) Shares Cross Below 200-Day Moving Average – Time to Sell?

Shares of Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $3.23 and traded as low as $2.64. Willamette Valley Vineyards shares last traded at $2.6860, with a volume of 1,039 shares changing hands.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Willamette Valley Vineyards in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Willamette Valley Vineyards Stock Down 3.3%

The company has a current ratio of 3.12, a quick ratio of 0.30 and a debt-to-equity ratio of 0.63. The stock has a 50 day simple moving average of $2.75 and a 200 day simple moving average of $3.22. The firm has a market capitalization of $12.95 million, a PE ratio of -3.78 and a beta of 0.32.

Institutional Investors Weigh In On Willamette Valley Vineyards

Several institutional investors have recently added to or reduced their stakes in the company. Susquehanna International Group LLP bought a new stake in Willamette Valley Vineyards in the 3rd quarter worth $39,000. Raymond James Financial Inc. bought a new position in shares of Willamette Valley Vineyards during the second quarter valued at about $41,000. EP Wealth Advisors LLC purchased a new stake in shares of Willamette Valley Vineyards during the fourth quarter worth about $48,000. Teton Advisors LLC purchased a new stake in shares of Willamette Valley Vineyards during the third quarter worth about $82,000. Finally, FreeGulliver LLC grew its stake in shares of Willamette Valley Vineyards by 57.6% in the second quarter. FreeGulliver LLC now owns 101,969 shares of the company’s stock worth $563,000 after purchasing an additional 37,254 shares during the last quarter. Hedge funds and other institutional investors own 12.24% of the company’s stock.

Willamette Valley Vineyards Company Profile

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.