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

Investment analysts at StockNews.com started coverage on shares of Willamette Valley Vineyards (NASDAQ:WVVI) in a research note issued on Sunday. The brokerage set a “hold” rating on the stock.

Willamette Valley Vineyards Stock Performance

Shares of WVVI stock opened at $3.37 on Friday. The company has a market capitalization of $16.72 million, a price-to-earnings ratio of -5.52 and a beta of 0.73. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.29 and a current ratio of 2.85. Willamette Valley Vineyards has a 52 week low of $3.17 and a 52 week high of $5.40. The company has a 50-day simple moving average of $3.35 and a 200 day simple moving average of $3.59.

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.