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

Willamette Valley Vineyards (NASDAQ:WVVI) released its earnings results on Wednesday. The company reported ($0.24) earnings per share (EPS) for the quarter, Zacks reports. Willamette Valley Vineyards had a negative return on equity of 3.90% and a negative net margin of 2.47%.

Willamette Valley Vineyards Stock Up 4.2%

WVVI traded up $0.11 on Wednesday, hitting $2.76. 5,246 shares of the company were exchanged, compared to its average volume of 3,869. Willamette Valley Vineyards has a 12 month low of $2.49 and a 12 month high of $7.18. The company has a market cap of $13.74 million, a PE ratio of -4.38 and a beta of 0.19. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.39 and a current ratio of 2.70. The stock’s fifty day moving average is $2.68 and its 200-day moving average is $2.79.

Institutional Trading of Willamette Valley Vineyards

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Raymond James Financial Inc. acquired a new position in shares of Willamette Valley Vineyards in the second quarter valued at approximately $41,000. Susquehanna International Group LLP acquired a new stake in Willamette Valley Vineyards during the third quarter worth approximately $39,000. Finally, EP Wealth Advisors LLC acquired a new stake in Willamette Valley Vineyards during the fourth quarter worth approximately $48,000. Institutional investors own 12.24% of the company’s stock.

Willamette Valley Vineyards Company Profile

Willamette Valley Vineyards, Inc (NASDAQ: WVVI) is an Oregon-based winery specializing in the cultivation, production and marketing of premium cool-climate wines. The company’s core business activities encompass estate vineyard management, winemaking, and direct-to-consumer sales through tasting rooms and wine clubs. Its portfolio features key varietals such as Pinot Noir, Pinot Gris, Chardonnay and Riesling, reflecting the unique terroir of the Willamette Valley American Viticultural Area (AVA).

Founded in 1983 by Jim Bernau, Willamette Valley Vineyards has grown from a small family operation into one of the leading publicly traded wineries in the United States.