Willamette Valley Vineyards (NASDAQ:WVVI) Shares Cross Below 200-Day Moving Average – Should You Sell?

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $3.91 and traded as low as $3.35. Willamette Valley Vineyards shares last traded at $3.35, with a volume of 1,622 shares.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Willamette Valley Vineyards in a report on Friday. They set a “hold” rating on the stock.

Willamette Valley Vineyards Trading Up 3.2 %

The stock’s fifty day simple moving average is $3.59 and its two-hundred day simple moving average is $3.90. The firm has a market cap of $17.16 million, a PE ratio of -5.58 and a beta of 0.75. The company has a quick ratio of 0.39, a current ratio of 3.08 and a debt-to-equity ratio of 0.38.

Willamette Valley Vineyards (NASDAQ:WVVI) last posted its quarterly earnings results on Tuesday, August 13th. The company reported ($0.07) earnings per share for the quarter. Willamette Valley Vineyards had a negative return on equity of 3.19% and a negative net margin of 2.26%. The company had revenue of $10.33 million during the quarter.

About Willamette Valley Vineyards

Willamette Valley Vineyards, Inc produces and sells wine in the United States and internationally. The company operates through two segments, Direct Sales and Distributor Sales. It primarily offers Pinot Noir, Chardonnay, Pinot Gris, Pinot Blanc, Sauvignon Blanc, Gruner Veltliner, Rose, Brut, Brut Rose, and Riesling branded wines under the Willamette Valley Vineyards label; Semi-Sparkling Muscat branded 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 Brut, Brut Rose, and Blanc de Blancs under the Domaine Willamette label.