Willamette Valley Vineyards (NASDAQ:WVVI) Stock Passes Below Two Hundred Day Moving Average – What’s Next?

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2.76 and traded as low as $2.59. Willamette Valley Vineyards shares last traded at $2.67, with a volume of 2,878 shares trading hands.

Willamette Valley Vineyards Trading Down 1.8%

The company has a market capitalization of $13.30 million, a price-to-earnings ratio of -4.38 and a beta of 0.19. The company has a 50-day moving average price of $2.73 and a 200-day moving average price of $2.76. 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 issued its quarterly earnings results on Wednesday, May 13th. The company reported ($0.24) earnings per share (EPS) for the quarter. The business 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 Investors Weigh In On Willamette Valley Vineyards

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Raymond James Financial Inc. acquired a new stake in shares of Willamette Valley Vineyards in the second quarter valued at about $41,000. Susquehanna International Group LLP acquired a new stake in shares of Willamette Valley Vineyards in the third quarter valued at about $39,000. EP Wealth Advisors LLC acquired a new stake in shares of Willamette Valley Vineyards in the fourth quarter valued at about $48,000. Teton Advisors LLC acquired a new stake in shares of Willamette Valley Vineyards in the third quarter valued at about $82,000. Finally, Northwestern Mutual Wealth Management Co. grew its position 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 valued at $1,044,000 after purchasing an additional 342,042 shares during the last quarter. 12.24% of the stock is 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.