Willamette Valley Vineyards (NASDAQ:WVVI) Stock Crosses Above 50 Day Moving Average – Should You Sell?

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $2.64 and traded as high as $2.75. Willamette Valley Vineyards shares last traded at $2.6920, with a volume of 9,563 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 research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

Willamette Valley Vineyards Stock Performance

The business’s 50-day moving average price is $2.64 and its 200-day moving average price is $2.88. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.39 and a current ratio of 2.70. The stock has a market cap of $13.41 million, a P/E ratio of -4.27 and a beta of 0.29.

Willamette Valley Vineyards (NASDAQ:WVVI) last issued its quarterly earnings data on Tuesday, March 24th. The company reported $0.05 earnings per share (EPS) for the quarter. Willamette Valley Vineyards had a negative net margin of 2.47% and a negative return on equity of 3.90%. The firm had revenue of $11.11 million during the quarter.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Susquehanna International Group LLP purchased a new position in shares of Willamette Valley Vineyards during the 3rd quarter valued at $39,000. Raymond James Financial Inc. purchased a new stake in Willamette Valley Vineyards in the 2nd quarter worth $41,000. EP Wealth Advisors LLC purchased a new stake in Willamette Valley Vineyards in the 4th quarter worth $48,000. Teton Advisors LLC purchased a new stake in Willamette Valley Vineyards in the 3rd quarter worth $82,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in 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 worth $1,044,000 after purchasing an additional 342,042 shares in 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.