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

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

Willamette Valley Vineyards Price Performance

NASDAQ:WVVI opened at $6.03 on Friday. The stock’s fifty day moving average is $6.01 and its two-hundred day moving average is $4.62. The company has a quick ratio of 0.29, a current ratio of 2.85 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $29.94 million, a P/E ratio of -9.89 and a beta of 0.63. Willamette Valley Vineyards has a 52 week low of $3.17 and a 52 week high of $6.33.

Willamette Valley Vineyards (NASDAQ:WVVI) last released its quarterly earnings results on Tuesday, March 25th. The company reported ($0.01) earnings per share (EPS) for the quarter. The company had revenue of $11.28 million during the quarter. Willamette Valley Vineyards had a negative net margin of 2.15% and a negative return on equity of 3.12%.

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.