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

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 trading hands.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Willamette Valley Vineyards in a report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

Willamette Valley Vineyards Trading Up 1.5%

The firm has a 50-day moving average of $2.88 and a two-hundred day moving average of $3.72. The firm has a market capitalization of $13.64 million, a P/E ratio of -3.99 and a beta of 0.32. The company has a current ratio of 3.12, a quick ratio of 0.30 and a debt-to-equity ratio of 0.63.

Willamette Valley Vineyards (NASDAQ:WVVI) last posted its quarterly earnings results on Thursday, November 13th. The company reported ($0.33) earnings per share 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

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. FreeGulliver LLC increased its stake in Willamette Valley Vineyards by 57.6% in the second quarter. FreeGulliver LLC now owns 101,969 shares of the company’s stock valued at $563,000 after purchasing an additional 37,254 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Willamette Valley Vineyards during the 2nd quarter worth $41,000. Teton Advisors LLC purchased a new stake in shares of Willamette Valley Vineyards during the 3rd quarter valued at approximately $82,000. Finally, Susquehanna International Group LLP bought a new stake in Willamette Valley Vineyards during the 3rd quarter valued at $39,000. 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.