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

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

Willamette Valley Vineyards Price Performance

WVVI stock opened at $3.50 on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.08 and a quick ratio of 0.39. Willamette Valley Vineyards has a 1-year low of $3.50 and a 1-year high of $5.95. The business’s 50 day simple moving average is $3.74 and its 200 day simple moving average is $4.18.

Willamette Valley Vineyards (NASDAQ:WVVI) last posted its earnings results on Tuesday, August 13th. The company reported ($0.07) earnings per share for the quarter. The business had revenue of $10.33 million for the quarter. Willamette Valley Vineyards had a negative return on equity of 3.19% and a negative net margin of 2.26%.

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.