StockNews.com Initiates Coverage on Willamette Valley Vineyards (NASDAQ:WVVI)

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

Willamette Valley Vineyards Price Performance

Shares of NASDAQ:WVVI opened at $3.29 on Thursday. The company’s fifty day moving average is $3.40 and its two-hundred day moving average is $3.67. Willamette Valley Vineyards has a 12-month low of $3.17 and a 12-month high of $5.40. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.85 and a quick ratio of 0.29.

About Willamette Valley Vineyards

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.