Willamette Valley Vineyards (NASDAQ:WVVI) Coverage Initiated at StockNews.com

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

Willamette Valley Vineyards Stock Performance

WVVI opened at $3.41 on Friday. The company has a quick ratio of 0.39, a current ratio of 3.08 and a debt-to-equity ratio of 0.38. The stock’s 50 day moving average price is $3.56 and its two-hundred day moving average price is $3.84. Willamette Valley Vineyards has a 12-month low of $3.31 and a 12-month high of $5.75.

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

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.