Willamette Valley Vineyards (NASDAQ:WVVI) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of Willamette Valley Vineyards (NASDAQ:WVVI) in a report issued on Sunday. The brokerage issued a hold rating on the stock.

Willamette Valley Vineyards Price Performance

WVVI opened at $5.24 on Friday. The business has a 50 day moving average price of $5.14 and a 200 day moving average price of $5.32. Willamette Valley Vineyards has a twelve month low of $4.63 and a twelve month high of $6.59. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.32 and a current ratio of 2.33. The firm has a market cap of $25.99 million, a P/E ratio of -8.06 and a beta of 0.70.

Willamette Valley Vineyards (NASDAQ:WVVI) last released its quarterly earnings data on Tuesday, March 26th. The company reported ($0.15) earnings per share (EPS) for the quarter. Willamette Valley Vineyards had a negative net margin of 3.06% and a negative return on equity of 4.09%. The firm had revenue of $10.75 million for the quarter.

Institutional Trading of Willamette Valley Vineyards

Several large investors have recently made changes to their positions in the business. UBS Group AG grew its holdings in shares of Willamette Valley Vineyards by 42.9% during the first quarter. UBS Group AG now owns 5,663 shares of the company’s stock worth $51,000 after purchasing an additional 1,700 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Willamette Valley Vineyards by 4.1% during the first quarter. Vanguard Group Inc. now owns 213,403 shares of the company’s stock valued at $1,931,000 after acquiring an additional 8,461 shares during the period. NewEdge Advisors LLC acquired a new position in shares of Willamette Valley Vineyards during the second quarter valued at $81,000. Finally, Creative Planning lifted its stake in shares of Willamette Valley Vineyards by 99.4% during the third quarter. Creative Planning now owns 31,100 shares of the company’s stock valued at $183,000 after acquiring an additional 15,500 shares during the period. Institutional investors own 12.24% of the company’s 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.