Willamette Valley Vineyards (NASDAQ:WVVI) Share Price Passes Below 200 Day Moving Average – Time to Sell?

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $3.44 and traded as low as $2.55. Willamette Valley Vineyards shares last traded at $2.6210, with a volume of 5,282 shares changing hands.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Willamette Valley Vineyards in a report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Willamette Valley Vineyards Trading Up 1.6%

The company has a current ratio of 3.12, a quick ratio of 0.30 and a debt-to-equity ratio of 0.63. The business has a fifty day moving average price of $2.87 and a 200 day moving average price of $3.44. The firm has a market cap of $13.00 million, a PE ratio of -3.80 and a beta of 0.33.

Hedge Funds Weigh In On Willamette Valley Vineyards

Several institutional investors have recently bought and sold shares of WVVI. Northwestern Mutual Wealth Management Co. increased its stake 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 acquiring an additional 342,042 shares during the period. Susquehanna International Group LLP acquired a new position in Willamette Valley Vineyards during the third quarter worth $39,000. Teton Advisors LLC purchased a new stake in shares of Willamette Valley Vineyards in the 3rd quarter worth about $82,000. Raymond James Financial Inc. purchased a new stake in shares of Willamette Valley Vineyards in the second quarter valued at about $41,000. Finally, FreeGulliver LLC grew its holdings in Willamette Valley Vineyards by 57.6% during 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 during the last quarter. 12.24% of the stock is owned by institutional investors and hedge funds.

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.