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

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

Willamette Valley Vineyards Stock Performance

Shares of Willamette Valley Vineyards stock opened at $6.00 on Monday. 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 business’s 50 day moving average price is $6.01 and its 200 day moving average price is $4.81. The company has a market cap of $29.76 million, a price-to-earnings ratio of -9.83 and a beta of 0.49. Willamette Valley Vineyards has a one year low of $3.17 and a one year high of $6.33.

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