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

StockNews.com assumed coverage on shares of Willamette Valley Vineyards (NASDAQ:WVVI) in a report issued on Friday morning. The firm issued a hold rating on the stock.

Willamette Valley Vineyards Trading Up 3.3 %

NASDAQ:WVVI opened at $3.46 on Friday. The company has a market cap of $17.18 million, a PE ratio of -5.58 and a beta of 0.75. The business’s 50 day moving average is $3.59 and its two-hundred day moving average is $3.90. 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 $5.88.

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

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.