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

Equities researchers at StockNews.com began coverage on shares of Willamette Valley Vineyards (NASDAQ:WVVI) in a report released on Friday. The firm set a “hold” rating on the stock.

Willamette Valley Vineyards Stock Up 2.3 %

WVVI stock opened at $5.98 on Friday. Willamette Valley Vineyards has a 52 week low of $3.17 and a 52 week high of $6.33. The company has a quick ratio of 0.29, a current ratio of 2.85 and a debt-to-equity ratio of 0.39. The firm has a 50-day simple moving average of $6.02 and a 200-day simple moving average of $4.52. The stock has a market capitalization of $29.70 million, a P/E ratio of -9.81 and a beta of 0.63.

Willamette Valley Vineyards (NASDAQ:WVVI) last posted its quarterly earnings data on Tuesday, March 25th. The company reported ($0.01) EPS for the quarter. Willamette Valley Vineyards had a negative return on equity of 3.12% and a negative net margin of 2.15%. The firm had revenue of $11.28 million for the quarter.

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.