Willamette Valley Vineyards (NASDAQ:WVVIP) Trading Down 0.5% – Time to Sell?

Shares of Willamette Valley Vineyards, Inc. (NASDAQ:WVVIP) fell 0.5% during mid-day trading on Wednesday . The company traded as low as $2.90 and last traded at $2.9450. 3,630 shares changed hands during mid-day trading, a decline of 65% from the average session volume of 10,306 shares. The stock had previously closed at $2.96.

Willamette Valley Vineyards Stock Down 0.5%

The company’s fifty day simple moving average is $3.05 and its 200 day simple moving average is $3.13.

Willamette Valley Vineyards Company Profile

Willamette Valley Vineyards, Inc (NASDAQ:WVVIP) is a publicly traded producer of premium cool-climate wines headquartered in Turner, Oregon. The company is best known for its estate-grown Pinot Noir but also cultivates Pinot Gris, Chardonnay, Pinot Blanc and small-lot Syrah and Riesling across more than 350 planted acres in the Willamette Valley appellation. Estate sites span the Van Duzer Corridor, Chehalem Mountains and Dundee Hills, where controlled yields and site selection emphasize regional terroir.

The company’s integrated operations include vineyard management, a gravity-flow winemaking facility, barrel aging and bottling, coupled with a direct-to-consumer platform comprising tasting rooms, wine clubs and an e-commerce portal.