Willamette Valley Vineyards (NASDAQ:WVVI) Share Price Passes Below 200-Day Moving Average of $5.18

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) shares passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $5.18 and traded as low as $4.45. Willamette Valley Vineyards shares last traded at $4.52, with a volume of 5,296 shares changing hands.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of Willamette Valley Vineyards in a research report on Wednesday. They set a “hold” rating for the company.

Willamette Valley Vineyards Trading Down 7.5 %

The firm has a market capitalization of $22.43 million, a price-to-earnings ratio of -6.96 and a beta of 0.70. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.28 and a current ratio of 2.33. The company has a 50-day moving average price of $4.98 and a 200-day moving average price of $5.18.

Willamette Valley Vineyards (NASDAQ:WVVI) last announced its quarterly earnings results on Tuesday, March 26th. The company reported ($0.15) earnings per share (EPS) for the quarter. Willamette Valley Vineyards had a negative net margin of 3.06% and a negative return on equity of 4.09%. The business had revenue of $10.75 million during the quarter.

Willamette Valley Vineyards Company Profile

Willamette Valley Vineyards, Inc produces and sells wine in the United States and internationally. The company operates through two segments, Direct Sales and Distributor Sales. It primarily offers Pinot Noir, Chardonnay, Pinot Gris, Pinot Blanc, Sauvignon Blanc, Gruner Veltliner, Rose, Brut, Brut Rose, and Riesling branded wines under the Willamette Valley Vineyards label; Semi-Sparkling Muscat branded wine under the Tualatin Estate Vineyards label; Syrah, Merlot, Cabernet Sauvignon, Grenache, Cabernet Franc, Tempranillo, Malbec, The Griffin, and Viognier branded wines under the Griffin Creek label; and Brut, Brut Rose, and Blanc de Blancs under the Domaine Willamette label.