Willamette Valley Vineyards’ (WVVI) Sell (D+) Rating Reiterated at Weiss Ratings

Weiss Ratings reiterated their sell (d+) rating on shares of Willamette Valley Vineyards (NASDAQ:WVVI) in a research note published on Wednesday morning,Weiss Ratings reports.

Willamette Valley Vineyards Price Performance

WVVI stock opened at $3.65 on Wednesday. The firm’s 50-day moving average price is $4.31 and its two-hundred day moving average price is $5.20. Willamette Valley Vineyards has a 12-month low of $3.17 and a 12-month high of $7.18. The stock has a market capitalization of $18.12 million, a price-to-earnings ratio of -6.89 and a beta of 0.36. The company has a current ratio of 4.07, a quick ratio of 0.37 and a debt-to-equity ratio of 0.64.

Willamette Valley Vineyards (NASDAQ:WVVI) last released its quarterly earnings data on Tuesday, August 12th. The company reported ($0.09) earnings per share (EPS) for the quarter. Willamette Valley Vineyards had a negative net margin of 2.58% and a negative return on equity of 3.94%. The firm had revenue of $10.20 million during the quarter.

Hedge Funds Weigh In On Willamette Valley Vineyards

An institutional investor recently bought a new position in Willamette Valley Vineyards stock. FreeGulliver LLC purchased a new stake 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 fund purchased 64,715 shares of the company’s stock, valued at approximately $384,000. FreeGulliver LLC owned 1.30% of Willamette Valley Vineyards at the end of the most recent reporting period. Hedge funds and other 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.