Willamette Valley Vineyards (NASDAQ:WVVI) Coverage Initiated at StockNews.com

StockNews.com initiated coverage on shares of Willamette Valley Vineyards (NASDAQ:WVVI) in a report published on Wednesday. The brokerage issued a hold rating on the stock.

Willamette Valley Vineyards Trading Up 4.3 %

WVVI opened at $4.72 on Wednesday. The stock has a market capitalization of $23.39 million, a PE ratio of -7.25 and a beta of 0.70. The firm’s fifty day moving average price is $4.97 and its 200 day moving average price is $5.18. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.33 and a quick ratio of 0.28. Willamette Valley Vineyards has a 12-month low of $4.40 and a 12-month high of $6.59.

Willamette Valley Vineyards (NASDAQ:WVVI) last issued its earnings results on Tuesday, March 26th. The company reported ($0.15) earnings per share for the quarter. The business had revenue of $10.75 million for the quarter. Willamette Valley Vineyards had a negative return on equity of 4.09% and a negative net margin of 3.06%.

Willamette Valley Vineyards Company Profile

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.