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

StockNews.com assumed coverage on shares of Willamette Valley Vineyards (NASDAQ:WVVI) in a research report released on Sunday. The brokerage issued a hold rating on the stock.

Willamette Valley Vineyards Stock Performance

Shares of NASDAQ WVVI opened at $3.37 on Friday. Willamette Valley Vineyards has a 52-week low of $3.31 and a 52-week high of $5.75. The stock has a 50 day moving average price of $3.51 and a 200 day moving average price of $3.79. The company has a current ratio of 3.08, a quick ratio of 0.39 and a debt-to-equity ratio of 0.38.

Willamette Valley Vineyards (NASDAQ:WVVI) last issued its quarterly earnings data on Tuesday, August 13th. The company reported ($0.07) earnings per share (EPS) for the quarter. The business had revenue of $10.33 million for the quarter. Willamette Valley Vineyards had a negative net margin of 2.15% and a negative return on equity of 3.08%.

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.