Willamette Valley Vineyards (NASDAQ:WVVI) Posts Earnings Results

Willamette Valley Vineyards (NASDAQ:WVVI) announced 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 Up 1.7 %

Shares of WVVI opened at $6.06 on Wednesday. The firm has a 50 day simple moving average of $5.83 and a two-hundred day simple moving average of $4.29. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.85 and a quick ratio of 0.29. Willamette Valley Vineyards has a one year low of $3.17 and a one year high of $6.33. The company has a market cap of $30.08 million, a P/E ratio of -9.93 and a beta of 0.79.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on Willamette Valley Vineyards in a research note on Wednesday. They issued a “hold” rating for the company.

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.