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

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $3.75 and traded as low as $2.70. Willamette Valley Vineyards shares last traded at $2.71, with a volume of 5,043 shares traded.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Willamette Valley Vineyards in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Willamette Valley Vineyards Trading Up 1.9%

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 company has a market cap of $13.44 million, a price-to-earnings ratio of -3.93 and a beta of 0.32. The firm has a 50-day moving average price of $2.88 and a 200 day moving average price of $3.75.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of WVVI. FreeGulliver LLC grew its position in shares of 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. Teton Advisors LLC acquired a new position in Willamette Valley Vineyards in the third quarter valued at approximately $82,000. Susquehanna International Group LLP acquired a new position in Willamette Valley Vineyards in the third quarter valued at approximately $39,000. Finally, Raymond James Financial Inc. bought a new position in shares of Willamette Valley Vineyards during the second quarter valued at approximately $41,000. 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.