Willamette Valley Vineyards (NASDAQ:WVVIP) Shares Down 0.5% – Here’s What Happened
by Michael Walen · The Markets DailyWillamette Valley Vineyards, Inc. (NASDAQ:WVVIP – Get Free Report)’s share price dropped 0.5% during mid-day trading on Wednesday . The company traded as low as $2.90 and last traded at $2.9450. Approximately 3,630 shares changed hands during mid-day trading, a decline of 65% from the average daily volume of 10,306 shares. The stock had previously closed at $2.96.
Willamette Valley Vineyards Price Performance
The company’s fifty day moving average price is $3.04 and its 200 day moving average price is $3.13.
Willamette Valley Vineyards Company Profile
Willamette Valley Vineyards, Inc (NASDAQ:WVVIP) is a publicly traded producer of premium cool-climate wines headquartered in Turner, Oregon. The company is best known for its estate-grown Pinot Noir but also cultivates Pinot Gris, Chardonnay, Pinot Blanc and small-lot Syrah and Riesling across more than 350 planted acres in the Willamette Valley appellation. Estate sites span the Van Duzer Corridor, Chehalem Mountains and Dundee Hills, where controlled yields and site selection emphasize regional terroir.
The company’s integrated operations include vineyard management, a gravity-flow winemaking facility, barrel aging and bottling, coupled with a direct-to-consumer platform comprising tasting rooms, wine clubs and an e-commerce portal.