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

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $3.91 and traded as low as $3.35. Willamette Valley Vineyards shares last traded at $3.35, with a volume of 1,622 shares trading hands.

Analyst Ratings Changes

Separately, StockNews.com started coverage on Willamette Valley Vineyards in a research note on Friday. They issued a “hold” rating on the stock.

Willamette Valley Vineyards Stock Performance

The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.39 and a current ratio of 3.08. The business has a 50 day moving average of $3.60 and a 200-day moving average of $3.91.

Willamette Valley Vineyards (NASDAQ:WVVI) last announced its earnings results on Tuesday, August 13th. The company reported ($0.07) earnings per share for the quarter. Willamette Valley Vineyards had a negative return on equity of 3.19% and a negative net margin of 2.26%. The business had revenue of $10.33 million during the quarter.

About Willamette Valley Vineyards

Willamette Valley Vineyards, Inc produces and sells wine in the United States and internationally. The company operates through two segments, Direct Sales and Distributor Sales. It primarily offers Pinot Noir, Chardonnay, Pinot Gris, Pinot Blanc, Sauvignon Blanc, Gruner Veltliner, Rose, Brut, Brut Rose, and Riesling branded wines under the Willamette Valley Vineyards label; Semi-Sparkling Muscat branded wine under the Tualatin Estate Vineyards label; Syrah, Merlot, Cabernet Sauvignon, Grenache, Cabernet Franc, Tempranillo, Malbec, The Griffin, and Viognier branded wines under the Griffin Creek label; and Brut, Brut Rose, and Blanc de Blancs under the Domaine Willamette label.