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

StockNews.com started coverage on shares of Willamette Valley Vineyards (NASDAQ:WVVI) in a research report report published on Wednesday morning. The firm issued a hold rating on the stock.

Willamette Valley Vineyards Stock Up 0.9 %

Shares of NASDAQ:WVVI opened at $5.80 on Wednesday. The firm has a 50 day simple moving average of $3.88 and a 200 day simple moving average of $3.69. Willamette Valley Vineyards has a 52 week low of $3.17 and a 52 week high of $5.93. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.29 and a current ratio of 2.85. The company has a market cap of $28.77 million, a PE ratio of -9.51 and a beta of 0.73.

Willamette Valley Vineyards (NASDAQ:WVVI) last released its earnings results on Tuesday, November 12th. The company reported ($0.17) earnings per share (EPS) for the quarter. Willamette Valley Vineyards had a negative net margin of 2.15% and a negative return on equity of 3.12%. The business had revenue of $9.37 million during the quarter.

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.