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

Investment analysts at StockNews.com assumed coverage on shares of Willamette Valley Vineyards (NASDAQ:WVVI) in a report released on Friday. The brokerage set a “hold” rating on the stock.

Willamette Valley Vineyards Stock Down 0.8 %

NASDAQ:WVVI opened at $5.85 on Friday. The stock’s fifty day simple moving average is $6.02 and its 200-day simple moving average is $4.51. The firm has a market capitalization of $29.04 million, a P/E ratio of -9.59 and a beta of 0.63. The company has a quick ratio of 0.29, a current ratio of 2.85 and a debt-to-equity ratio of 0.39. Willamette Valley Vineyards has a 12-month low of $3.17 and a 12-month high of $6.33.

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

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.