Willamette Valley Vineyards (NASDAQ:WVVI) Stock Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $2.77 and traded as low as $2.59. Willamette Valley Vineyards shares last traded at $2.62, with a volume of 4,543 shares changing hands.

Willamette Valley Vineyards Price Performance

The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.47 and a current ratio of 3.45. The stock has a market capitalization of $14.09 million, a P/E ratio of -4.64 and a beta of 0.19. The firm has a 50-day moving average price of $2.70 and a 200 day moving average price of $2.76.

Willamette Valley Vineyards (NASDAQ:WVVI) last announced its quarterly earnings data on Wednesday, May 13th. The company reported ($0.24) EPS for the quarter. The firm had revenue of $8.26 million for the quarter. Willamette Valley Vineyards had a negative net margin of 1.99% and a negative return on equity of 3.30%.

Hedge Funds Weigh In On Willamette Valley Vineyards

Several institutional investors have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. increased its position in shares of Willamette Valley Vineyards by 108,584.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 342,357 shares of the company’s stock valued at $1,044,000 after purchasing an additional 342,042 shares during the last quarter. Teton Advisors LLC bought a new position in Willamette Valley Vineyards during the 3rd quarter worth approximately $82,000. EP Wealth Advisors LLC bought a new position in Willamette Valley Vineyards during the 4th quarter worth approximately $48,000. Susquehanna International Group LLP bought a new position in Willamette Valley Vineyards during the 3rd quarter worth approximately $39,000. Finally, Raymond James Financial Inc. bought a new position in Willamette Valley Vineyards during the 2nd quarter worth approximately $41,000. 12.24% of the stock is currently 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.