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

Research analysts at StockNews.com started coverage on shares of Willamette Valley Vineyards (NASDAQ:WVVI) in a research report issued on Wednesday. The firm set a “hold” rating on the stock.

Willamette Valley Vineyards Stock Performance

NASDAQ WVVI opened at $6.01 on Wednesday. The stock has a market cap of $29.84 million, a PE ratio of -9.85 and a beta of 0.79. Willamette Valley Vineyards has a twelve month low of $3.17 and a twelve month high of $6.33. The stock has a fifty day simple moving average of $5.89 and a 200-day simple moving average of $4.31. The company has a current ratio of 2.85, a quick ratio of 0.29 and a debt-to-equity ratio of 0.39.

Willamette Valley Vineyards (NASDAQ:WVVI) last announced its earnings results on Tuesday, March 25th. The company reported ($0.01) earnings per share 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.

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.