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

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

Willamette Valley Vineyards Stock Down 0.9 %

Shares of NASDAQ WVVI opened at $3.45 on Friday. The stock’s 50-day simple moving average is $3.57 and its two-hundred day simple moving average is $3.87. Willamette Valley Vineyards has a twelve month low of $3.31 and a twelve month high of $5.75. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.39 and a current ratio of 3.08.

Willamette Valley Vineyards (NASDAQ:WVVI) last posted its quarterly earnings data on Tuesday, August 13th. The company reported ($0.07) earnings per share for the quarter. Willamette Valley Vineyards had a negative return on equity of 3.19% and a negative net margin of 2.26%. The company had revenue of $10.33 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.