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

Equities researchers at StockNews.com began coverage on shares of Willamette Valley Vineyards (NASDAQ:WVVI) in a research note issued on Friday. The firm set a “hold” rating on the stock.

Willamette Valley Vineyards Price Performance

Shares of WVVI opened at $3.86 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.37 and a current ratio of 2.87. The firm has a market cap of $19.15 million, a PE ratio of -6.23 and a beta of 0.75. The firm’s 50 day moving average price is $4.09 and its 200 day moving average price is $4.74. Willamette Valley Vineyards has a twelve month low of $3.85 and a twelve month high of $6.59.

Willamette Valley Vineyards (NASDAQ:WVVI) last issued its quarterly earnings data on Monday, May 13th. The company reported ($0.22) earnings per share (EPS) for the quarter. Willamette Valley Vineyards had a negative return on equity of 3.42% and a negative net margin of 2.46%. The business had revenue of $8.80 million during the quarter.

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.