Willamette Valley Vineyards (NASDAQ:WVVI) Releases Earnings Results

Willamette Valley Vineyards (NASDAQ:WVVI) announced its earnings results on Tuesday. The company reported ($0.01) earnings per share (EPS) for the quarter, Zacks reports. Willamette Valley Vineyards had a negative net margin of 2.15% and a negative return on equity of 3.12%.

Willamette Valley Vineyards Stock Up 1.7 %

NASDAQ:WVVI traded up $0.10 on Tuesday, hitting $6.06. The stock had a trading volume of 7,688 shares, compared to its average volume of 10,456. Willamette Valley Vineyards has a 1 year low of $3.17 and a 1 year high of $6.33. The firm’s fifty day simple moving average is $5.80 and its two-hundred day simple moving average is $4.27. The stock has a market cap of $30.08 million, a P/E ratio of -9.93 and a beta of 0.79. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.29 and a current ratio of 2.85.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on shares of Willamette Valley Vineyards in a report on Tuesday, March 18th. They set a “hold” rating on the stock.

Willamette Valley Vineyards Company Profile

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.