Willamette Valley Vineyards (NASDAQ:WVVI) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Willamette Valley Vineyards, Inc. (NASDAQ:WVVIGet Free Report) shares passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Willamette Valley Vineyards in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

Check Out Our Latest Analysis on WVVI

Willamette Valley Vineyards Stock Down 2.0%

The company has a debt-to-equity ratio of 0.63, a current ratio of 3.12 and a quick ratio of 0.30. The firm’s 50-day moving average price is $2.77 and its 200 day moving average price is $3.23. The firm has a market cap of $13.32 million, a P/E ratio of -3.89 and a beta of 0.32.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in WVVI. FreeGulliver LLC lifted its stake in Willamette Valley Vineyards by 57.6% during 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. Teton Advisors LLC bought a new stake in Willamette Valley Vineyards during the third quarter valued at $82,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Willamette Valley Vineyards by 108,584.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 342,357 shares of the company’s stock worth $1,044,000 after purchasing an additional 342,042 shares during the period. Susquehanna International Group LLP acquired a new stake in shares of Willamette Valley Vineyards during the third quarter worth $39,000. Finally, EP Wealth Advisors LLC bought a new position in shares of Willamette Valley Vineyards in the 4th quarter worth about $48,000. Institutional investors and hedge funds own 12.24% of the company’s stock.

About Willamette Valley Vineyards

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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

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