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

StockNews.com began coverage on shares of Willamette Valley Vineyards (NASDAQ:WVVI) in a research report issued on Wednesday. The firm set a “hold” rating on the stock.

Willamette Valley Vineyards Stock Performance

NASDAQ WVVI opened at $3.31 on Wednesday. The firm has a market capitalization of $16.42 million, a P/E ratio of -5.43 and a beta of 0.73. The business has a fifty day simple moving average of $3.42 and a 200 day simple moving average of $3.70. Willamette Valley Vineyards has a 12 month low of $3.26 and a 12 month high of $5.40. The company has a current ratio of 2.85, a quick ratio of 0.29 and a debt-to-equity ratio of 0.39.

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.