Willamette Valley Vineyards (NASDAQ:WVVI) Shares Pass Below 200-Day Moving Average – Here’s What Happened

Shares of Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $2.85 and traded as low as $2.73. Willamette Valley Vineyards shares last traded at $2.76, with a volume of 2,313 shares trading hands.

Willamette Valley Vineyards Trading Down 1.8%

The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.39 and a current ratio of 2.70. The stock has a market capitalization of $13.74 million, a PE ratio of -4.38 and a beta of 0.19. The stock has a 50-day moving average price of $2.65 and a two-hundred day moving average price of $2.85.

Willamette Valley Vineyards (NASDAQ:WVVI) last posted its quarterly earnings data on Tuesday, March 24th. The company reported $0.05 earnings per share for the quarter. Willamette Valley Vineyards had a negative return on equity of 3.90% and a negative net margin of 2.47%.The firm had revenue of $11.11 million for the quarter.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. purchased a new position in Willamette Valley Vineyards in the 2nd quarter worth approximately $41,000. Susquehanna International Group LLP purchased a new position in Willamette Valley Vineyards in the 3rd quarter worth approximately $39,000. EP Wealth Advisors LLC purchased a new position in Willamette Valley Vineyards in the 4th quarter worth approximately $48,000. Teton Advisors LLC purchased a new position in Willamette Valley Vineyards in the 3rd quarter worth approximately $82,000. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in Willamette Valley Vineyards by 108,584.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 342,357 shares of the company’s stock worth $1,044,000 after purchasing an additional 342,042 shares in the last quarter. 12.24% of the stock is owned by hedge funds and other institutional investors.

About Willamette Valley Vineyards

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.