Willamette Valley Vineyards (NASDAQ:WVVI) Shares Cross Below 200 Day Moving Average – Should You Sell?

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) shares passed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $2.55 and traded as low as $1.80. Willamette Valley Vineyards shares last traded at $1.88, with a volume of 5,156 shares changing hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Willamette Valley Vineyards in a research note on Monday, September 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Willamette Valley Vineyards has an average rating of “Sell”.

Willamette Valley Vineyards Price Performance

The stock has a market capitalization of $9.36 million, a price-to-earnings ratio of -2.04 and a beta of 0.18. The company has a quick ratio of 0.36, a current ratio of 2.92 and a debt-to-equity ratio of 0.58. The stock has a fifty day moving average of $2.29 and a 200-day moving average of $2.55.

Willamette Valley Vineyards (NASDAQ:WVVI) last issued its earnings results on Wednesday, August 12th. The company reported ($0.40) earnings per share (EPS) for the quarter. Willamette Valley Vineyards had a negative net margin of 5.93% and a negative return on equity of 10.31%. The company had revenue of $10.04 million during the quarter.

Hedge Funds Weigh In On Willamette Valley Vineyards

A hedge fund recently raised its position in Willamette Valley Vineyards stock. Northwestern Mutual Wealth Management Co. increased its position in Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) by 108,584.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 342,357 shares of the company’s stock after purchasing an additional 342,042 shares during the period. Northwestern Mutual Wealth Management Co. owned 6.90% of Willamette Valley Vineyards worth $1,044,000 at the end of the most recent quarter. Institutional investors and hedge funds own 12.24% of the company’s stock.

About Willamette Valley Vineyards

Willamette Valley Vineyards is an Oregon-based wine producer that makes and sells premium wines, with a focus on Pinot Noir and other varieties suited to the Pacific Northwest. Its portfolio also includes Pinot Gris, Chardonnay, Riesling and other wines produced from grapes grown in Oregon’s Willamette Valley and surrounding regions.

Founded in 1988 by Jim Bernau, the company operates estate vineyards, wineries and tasting-room facilities in Oregon. Its business includes wine production, direct-to-consumer sales, wine clubs, tasting experiences and hospitality services.