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

Investment analysts at StockNews.com initiated coverage on shares of Willamette Valley Vineyards (NASDAQ:WVVI) in a research report issued to clients and investors on Saturday. The brokerage set a “hold” rating on the stock.

Willamette Valley Vineyards Trading Up 1.9 %

Shares of WVVI stock opened at $3.74 on Friday. The stock has a 50-day moving average of $3.80 and a 200-day moving average of $4.29. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.08 and a quick ratio of 0.39. Willamette Valley Vineyards has a 1-year low of $3.57 and a 1-year high of $5.95.

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