Willamette Valley Vineyards (NASDAQ:WVVI) Shares Pass Below 200 Day Moving Average – Time to Sell?

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $2.72 and traded as low as $2.71. Willamette Valley Vineyards shares last traded at $2.74, with a volume of 3,482 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Willamette Valley Vineyards in a research note on Wednesday, June 24th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Willamette Valley Vineyards currently has an average rating of “Sell”.

Willamette Valley Vineyards Stock 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 company has a market cap of $13.67 million, a price-to-earnings ratio of -4.49 and a beta of 0.20. The company has a fifty day moving average of $2.70 and a two-hundred day moving average of $2.72.

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

Institutional Trading of Willamette Valley Vineyards

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Susquehanna International Group LLP bought a new stake in shares of Willamette Valley Vineyards in the 3rd quarter valued at about $39,000. Raymond James Financial Inc. bought a new position in shares of Willamette Valley Vineyards during the second quarter worth about $41,000. EP Wealth Advisors LLC bought a new position in shares of Willamette Valley Vineyards during the fourth quarter worth about $48,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of Willamette Valley Vineyards by 108,584.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 342,357 shares of the company’s stock worth $1,044,000 after acquiring an additional 342,042 shares during the period. 12.24% of the stock is currently owned by institutional investors and hedge funds.

Willamette Valley Vineyards Company Profile

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.