Willamette Valley Vineyards (NASDAQ:WVVI) Stock Passes Below 200 Day Moving Average – Should You Sell?

Willamette Valley Vineyards, Inc. (NASDAQ:WVVIGet Free Report)’s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $2.70 and traded as low as $2.54. Willamette Valley Vineyards shares last traded at $2.54, with a volume of 2,068 shares traded.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Willamette Valley Vineyards in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Check Out Our Latest Stock Analysis on WVVI

Willamette Valley Vineyards Stock Down 4.5%

The company has a market capitalization of $12.66 million, a P/E ratio of -4.16 and a beta of 0.20. The firm’s 50 day moving average price is $2.69 and its two-hundred day moving average price is $2.70. The company has a current ratio of 3.45, a quick ratio of 0.47 and a debt-to-equity ratio of 0.63.

Willamette Valley Vineyards (NASDAQ:WVVIGet Free Report) last posted its quarterly earnings data on Wednesday, May 13th. The company reported ($0.24) earnings per share (EPS) for the quarter. The business had revenue of $8.26 million during the quarter. Willamette Valley Vineyards had a negative net margin of 1.99% and a negative return on equity of 3.30%.

Institutional Investors Weigh In On Willamette Valley Vineyards

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. bought a new stake in Willamette Valley Vineyards during the 2nd quarter worth about $41,000. Susquehanna International Group LLP bought a new position in shares of Willamette Valley Vineyards in the 3rd quarter valued at about $39,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Willamette Valley Vineyards by 108,584.8% in the 4th 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. Finally, EP Wealth Advisors LLC acquired a new stake in shares of Willamette Valley Vineyards in the fourth quarter valued at about $48,000. 12.24% of the stock is currently owned by institutional investors and hedge funds.

Willamette Valley Vineyards Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Willamette Valley Vineyards Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Willamette Valley Vineyards and related companies with MarketBeat.com's FREE daily email newsletter.