Willamette Valley Vineyards (NASDAQ:WVVI) Share Price Passes Below 200 Day Moving Average – Time to Sell?

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $3.36 and traded as low as $2.59. Willamette Valley Vineyards shares last traded at $2.6550, with a volume of 3,045 shares changing hands.

Analysts Set New Price Targets

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

Willamette Valley Vineyards Stock Down 0.9%

The company has a market capitalization of $13.17 million, a PE ratio of -3.85 and a beta of 0.33. 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 business has a fifty day moving average of $2.83 and a 200 day moving average of $3.36.

Hedge Funds Weigh In On Willamette Valley Vineyards

Several hedge funds and other institutional investors have recently added to or reduced their stakes in WVVI. Raymond James Financial Inc. acquired a new position in shares of Willamette Valley Vineyards in the second quarter worth $41,000. Susquehanna International Group LLP purchased a new position in Willamette Valley Vineyards in the third quarter valued at $39,000. EP Wealth Advisors LLC purchased a new position in Willamette Valley Vineyards in the fourth quarter valued at $48,000. Teton Advisors LLC acquired a new position in Willamette Valley Vineyards during the 3rd quarter worth $82,000. Finally, FreeGulliver LLC increased its holdings in Willamette Valley Vineyards by 57.6% during the 2nd quarter. FreeGulliver LLC now owns 101,969 shares of the company’s stock worth $563,000 after purchasing an additional 37,254 shares during the period. Hedge funds and other institutional investors own 12.24% of the company’s stock.

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.