Willamette Valley Vineyards (NASDAQ:WVVI) Coverage Initiated at StockNews.com

StockNews.com initiated coverage on shares of Willamette Valley Vineyards (NASDAQ:WVVI) in a note issued to investors on Saturday. The firm set a “hold” rating on the stock.

Willamette Valley Vineyards Stock Performance

Shares of WVVI stock opened at $3.45 on Friday. The company has a quick ratio of 0.39, a current ratio of 3.08 and a debt-to-equity ratio of 0.38. Willamette Valley Vineyards has a 52 week low of $3.31 and a 52 week high of $5.75. The firm’s 50-day simple moving average is $3.57 and its two-hundred day simple moving average is $3.87.

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

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.