Willamette Valley Vineyards (NASDAQ:WVVI) Announces Quarterly Earnings Results

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

Willamette Valley Vineyards Stock Up 1.7 %

Shares of NASDAQ:WVVI traded up $0.10 during trading on Tuesday, reaching $6.06. 7,688 shares of the stock were exchanged, compared to its average volume of 10,456. Willamette Valley Vineyards has a 1-year low of $3.17 and a 1-year high of $6.33. The stock has a fifty day moving average of $5.80 and a two-hundred day moving average of $4.27. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.85 and a quick ratio of 0.29. The firm has a market cap of $30.08 million, a price-to-earnings ratio of -9.93 and a beta of 0.79.

Analyst Ratings Changes

Separately, StockNews.com began coverage on Willamette Valley Vineyards in a research note on Tuesday, March 18th. They issued a “hold” rating for the company.

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.