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

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

Willamette Valley Vineyards Stock Performance

Shares of WVVI stock opened at $5.02 on Tuesday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.29 and a current ratio of 2.85. The firm has a fifty day moving average of $3.57 and a 200-day moving average of $3.61. Willamette Valley Vineyards has a 52-week low of $3.17 and a 52-week high of $5.73.

Willamette Valley Vineyards (NASDAQ:WVVI) last posted its quarterly earnings results on Tuesday, November 12th. The company reported ($0.17) earnings per share (EPS) for the quarter. The business had revenue of $9.37 million during 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.