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

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $3.64 and traded as low as $2.79. Willamette Valley Vineyards shares last traded at $2.79, with a volume of 2,364 shares traded.

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 equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Willamette Valley Vineyards has an average rating of “Sell”.

Willamette Valley Vineyards Stock Down 1.4%

The business has a fifty day moving average of $2.91 and a 200 day moving average of $3.64. The company has a quick ratio of 0.30, a current ratio of 3.12 and a debt-to-equity ratio of 0.63. The firm has a market cap of $13.85 million, a P/E ratio of -4.04 and a beta of 0.32.

Willamette Valley Vineyards (NASDAQ:WVVI) last posted its earnings results on Thursday, November 13th. The company reported ($0.33) earnings per share (EPS) for the quarter. The company had revenue of $8.35 million for the quarter. Willamette Valley Vineyards had a negative return on equity of 7.41% and a negative net margin of 4.82%.

Hedge Funds Weigh In On Willamette Valley Vineyards

Hedge funds and other institutional investors have recently made changes to their positions in the company. FreeGulliver LLC increased its position in shares of Willamette Valley Vineyards by 57.6% in the 2nd quarter. FreeGulliver LLC now owns 101,969 shares of the company’s stock valued at $563,000 after buying an additional 37,254 shares in the last quarter. Teton Advisors LLC acquired a new position in Willamette Valley Vineyards in the third quarter valued at about $82,000. Susquehanna International Group LLP bought a new stake in shares of Willamette Valley Vineyards in the third quarter worth about $39,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of Willamette Valley Vineyards during the second quarter worth about $41,000. 12.24% of the stock is owned by institutional investors.

About Willamette Valley Vineyards

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.