Willamette Valley Vineyards (NASDAQ:WVVI) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) shares crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $2.68 and traded as high as $2.96. Willamette Valley Vineyards shares last traded at $2.7880, with a volume of 7,367 shares trading hands.

Willamette Valley Vineyards Price Performance

The business’s 50 day moving average price is $2.68 and its two-hundred day moving average price is $2.81. The stock has a market cap of $13.88 million, a P/E ratio of -4.43 and a beta of 0.19. The company has a current ratio of 2.70, a quick ratio of 0.39 and a debt-to-equity ratio of 0.61.

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

Institutional Investors Weigh In On Willamette Valley Vineyards

A number of large investors have recently modified their holdings of WVVI. Raymond James Financial Inc. bought a new stake in shares of Willamette Valley Vineyards during the 2nd quarter valued at $41,000. Susquehanna International Group LLP bought a new stake in shares of Willamette Valley Vineyards during the 3rd quarter valued at $39,000. EP Wealth Advisors LLC bought a new position in shares of Willamette Valley Vineyards in the 4th quarter worth about $48,000. Teton Advisors LLC bought a new position in shares of Willamette Valley Vineyards in the 3rd quarter worth about $82,000. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in Willamette Valley Vineyards by 108,584.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 342,357 shares of the company’s stock worth $1,044,000 after acquiring an additional 342,042 shares in the last quarter. 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.