Willamette Valley Vineyards (NASDAQ:WVVI) Posts Earnings Results

Willamette Valley Vineyards (NASDAQ:WVVI) issued its earnings results on Tuesday. The company reported ($0.01) earnings per share for the quarter, Zacks reports. Willamette Valley Vineyards had a negative return on equity of 3.12% and a negative net margin of 2.15%.

Willamette Valley Vineyards Stock Performance

Willamette Valley Vineyards stock traded up $0.10 during midday trading on Tuesday, hitting $6.06. The stock had a trading volume of 7,688 shares, compared to its average volume of 6,064. Willamette Valley Vineyards has a 52-week low of $3.17 and a 52-week high of $6.33. The company has a current ratio of 2.85, a quick ratio of 0.29 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $30.08 million, a PE ratio of -9.93 and a beta of 0.79. The firm’s fifty day moving average is $5.80 and its two-hundred day moving average is $4.27.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on Willamette Valley Vineyards in a research report on Tuesday, March 18th. They set a “hold” rating on the stock.

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.