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

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

Willamette Valley Vineyards Price Performance

NASDAQ WVVI opened at $4.45 on Wednesday. The company has a current ratio of 2.33, a quick ratio of 0.28 and a debt-to-equity ratio of 0.25. Willamette Valley Vineyards has a 1 year low of $4.40 and a 1 year high of $6.59. The company has a fifty day simple moving average of $4.96 and a 200 day simple moving average of $5.17. The company has a market cap of $22.07 million, a P/E ratio of -6.85 and a beta of 0.70.

Willamette Valley Vineyards (NASDAQ:WVVI) last issued its quarterly earnings results on Tuesday, March 26th. The company reported ($0.15) earnings per share for the quarter. Willamette Valley Vineyards had a negative net margin of 3.06% and a negative return on equity of 4.09%. The company had revenue of $10.75 million during the quarter.

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.