Willamette Valley Vineyards (NASDAQ:WVVIP) Stock Price Up 2.3% – Still a Buy?

Shares of Willamette Valley Vineyards, Inc. (NASDAQ:WVVIPGet Free Report) rose 2.3% during trading on Wednesday . The stock traded as high as $3.34 and last traded at $3.34. Approximately 742 shares traded hands during trading, a decline of 77% from the average daily volume of 3,200 shares. The stock had previously closed at $3.26.

Willamette Valley Vineyards Stock Performance

The firm’s 50-day moving average price is $3.43 and its 200 day moving average price is $3.61.

About Willamette Valley Vineyards

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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.

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