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

StockNews.com assumed 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 Trading Up 2.1%

Shares of NASDAQ WVVI opened at $5.86 on Tuesday. The company has a quick ratio of 0.29, a current ratio of 2.85 and a debt-to-equity ratio of 0.39. The stock’s 50 day moving average price is $5.98 and its two-hundred day moving average price is $4.92. Willamette Valley Vineyards has a 52-week low of $3.17 and a 52-week high of $6.33. The stock has a market capitalization of $29.09 million, a P/E ratio of -9.61 and a beta of 0.49.

Willamette Valley Vineyards (NASDAQ:WVVI) last posted its quarterly earnings results on Tuesday, May 13th. The company reported ($0.26) earnings per share (EPS) for the quarter. The firm had revenue of $7.54 million for the quarter. Willamette Valley Vineyards had a negative net margin of 2.15% and a negative return on equity of 3.12%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Willamette Valley Vineyards stock. FreeGulliver LLC acquired a new position in shares of Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 64,715 shares of the company’s stock, valued at approximately $384,000. FreeGulliver LLC owned 1.30% of Willamette Valley Vineyards as of its most recent SEC filing. 12.24% of the stock is currently owned by hedge funds and other institutional investors.

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.