Willamette Valley Vineyards (NASDAQ:WVVI) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $2.76 and traded as low as $2.74. Willamette Valley Vineyards shares last traded at $2.6690, with a volume of 2,985 shares changing hands.

Willamette Valley Vineyards Trading Down 1.5%

The business’s fifty day moving average is $2.71 and its 200-day moving average is $2.76. The stock has a market capitalization of $13.39 million, a PE ratio of -4.41 and a beta of 0.19. The company has a quick ratio of 0.47, a current ratio of 3.45 and a debt-to-equity ratio of 0.63.

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

Hedge Funds Weigh In On Willamette Valley Vineyards

A number of large investors have recently modified their holdings of the company. Raymond James Financial Inc. purchased a new position in shares of Willamette Valley Vineyards in the 2nd quarter worth about $41,000. Susquehanna International Group LLP purchased a new position in shares of Willamette Valley Vineyards in the 3rd quarter worth about $39,000. EP Wealth Advisors LLC purchased a new position in shares of Willamette Valley Vineyards in the 4th quarter worth about $48,000. Teton Advisors LLC purchased a new position in shares of Willamette Valley Vineyards in the 3rd quarter worth about $82,000. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of 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 during the period. 12.24% of the stock is currently owned by hedge funds and other 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.