Willamette Valley Vineyards (NASDAQ:WVVI) Shares Cross Below Fifty Day Moving Average of $7.05

Shares of Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $7.05 and traded as low as $6.89. Willamette Valley Vineyards shares last traded at $6.89, with a volume of 71 shares changing hands.

The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.74 and a current ratio of 6.85. The firm has a market capitalization of $34.35 million, a P/E ratio of 17.92 and a beta of 0.50. The firm has a fifty day moving average price of $7.04.

Willamette Valley Vineyards (NASDAQ:WVVI) last issued its quarterly earnings data on Tuesday, May 14th. The company reported $0.03 EPS for the quarter. Willamette Valley Vineyards had a return on equity of 9.40% and a net margin of 11.48%. The company had revenue of $5.00 million during the quarter.

In other news, CEO James W. Bernau sold 13,100 shares of the business’s stock in a transaction dated Thursday, April 11th. The stock was sold at an average price of $7.00, for a total transaction of $91,700.00. Following the completion of the transaction, the chief executive officer now owns 431,527 shares of the company’s stock, valued at $3,020,689. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold 15,027 shares of company stock valued at $105,382 in the last three months. 9.40% of the stock is owned by insiders.

An institutional investor recently bought a new position in Willamette Valley Vineyards stock. Next Capital Management LLC bought a new position in Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 101,400 shares of the company’s stock, valued at approximately $699,000. Next Capital Management LLC owned about 2.04% of Willamette Valley Vineyards at the end of the most recent reporting period. Institutional investors and hedge funds own 10.57% of the company’s stock.

Willamette Valley Vineyards Company Profile (NASDAQ:WVVI)

Willamette Valley Vineyards, Inc produces and sells wine in the United States and internationally. The company offers Pinot Noir, Chardonnay, Pinot Gris, Pinot Blanc, Methode Champenoise Brut, Rose, and Riesling branded wines under the Willamette Valley Vineyards and Elton labels; Semi-Sparkling Muscat branded wine under the Tualatin Estate Vineyards label; Syrah, Merlot, Cabernet Sauvignon, Grenache, Cabernet Franc, The Griffin, and Viognier branded wines under the Griffin Creek label; and Oregon Blossom branded wine under the Oregon Cellars label.

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