Willamette Valley Vineyards (NASDAQ:WVVI) Stock Breaks Below the 200-Day Moving Average of $7.90

Willamette Valley Vineyards, Inc. (NASDAQ: WVVI – Get an assessment) the stock price broke below its 200-day moving average during Tuesday’s session. The stock has a two hundred day moving average of $7.90 and is trading as low as $6.36. Shares of Willamette Valley Vineyards last traded at $6.51, with volume of 14,221 shares changing hands.

Changes to analyst ratings

Separately, StockNews.com began covering Willamette Valley vineyards in a report on Wednesday. They set a “holding” rating for the company.

Willamette Valley Winery Price Performance

The company has a debt ratio of 0.14, a quick ratio of 0.94 and a current ratio of 3.99. The company has a market capitalization of $21.44 million, a price-earnings ratio of -130.17 and a beta of 0.79. The company has a fifty-day moving average price of $6.23 and a 200-day moving average price of $7.90.

Willamette Valley Vineyards (NASDAQ: WVVI – Get a rating) last released its quarterly results on Thursday, August 11. The company reported EPS ($0.04) for the quarter. Willamette Valley Vineyards recorded a return on equity of 4.18% and a net margin of 4.38%. The company had revenue of $8.70 million for the quarter.

Institutional investors weigh in on Willamette Valley wineries

Several institutional investors and hedge funds have recently changed their positions in the stock. NewEdge Advisors LLC acquired a new stake in shares of Willamette Valley Vineyards in the second quarter worth approximately $81,000. James Investment Research Inc. increased its position in Willamette Valley Vineyards shares by 63.1% during the second quarter. James Investment Research Inc. now owns 12,921 shares of the company valued at $81,000 after buying an additional 5,000 shares in the last quarter. UBS Group AG increased its position in Willamette Valley Vineyards shares by 42.9% in the first quarter. UBS Group AG now owns 5,663 shares of the company valued at $51,000 after buying an additional 1,700 shares last quarter. Vanguard Group Inc. increased its position in Willamette Valley Vineyards shares by 4.1% during the first quarter. Vanguard Group Inc. now owns 213,403 shares of the company valued at $1,931,000 after purchasing an additional 8,461 shares last quarter. Finally, Navellier & Associates Inc. strengthened its position in Willamette Valley Vineyards shares by 15.8% in the 1st quarter. Navellier & Associates Inc. now owns 12,751 shares of the company valued at $115,000 after purchasing an additional 1,736 shares last quarter.

Company Profile Willamette Valley Vineyards

(Get a rating)

Willamette Valley Vineyards, Inc produces and sells wine in the United States and internationally. It mainly offers Pinot Noir, Chardonnay, Pinot Gris, Pinot Blanc, Sauvignon Blanc, Gruner Veltliner, Rose, Brut, Brut Rose, Blanc de Blancs and Riesling branded wines under the Willamette Valley Vineyards label; Semi-sparkling Muscat brand wine under the Tualatin Estate Vineyards label; Syrah, Merlot, Cabernet Sauvignon, Grenache, Cabernet Franc, Tempranillo, Malbec, The Griffin and Viognier branded wines under the Griffin Creek label; and Oregon Blossom brand wine under the Oregon Cellars label.

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