Willamette Valley Vineyards (NASDAQ:WVVI) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $3.99 and traded as low as $3.01. Willamette Valley Vineyards shares last traded at $3.17, with a volume of 4,188 shares changing hands.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Willamette Valley Vineyards in a research report on Monday. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

Willamette Valley Vineyards Price Performance

The company’s 50-day moving average price is $2.92 and its two-hundred day moving average price is $3.99. The company has a debt-to-equity ratio of 0.63, a current ratio of 3.12 and a quick ratio of 0.30. The company has a market capitalization of $15.72 million, a P/E ratio of -4.59 and a beta of 0.32.

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

Hedge Funds Weigh In On Willamette Valley Vineyards

Large investors have recently made changes to their positions in the company. FreeGulliver LLC boosted its stake in 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 purchasing an additional 37,254 shares during the period. Teton Advisors LLC bought a new position in Willamette Valley Vineyards during the 3rd quarter worth $82,000. Susquehanna International Group LLP acquired a new stake in shares of Willamette Valley Vineyards during the third quarter worth $39,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of Willamette Valley Vineyards during the second quarter worth $41,000. Institutional investors own 12.24% of the company’s stock.

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.