Willamette Valley Vineyards (NASDAQ:WVVI – Get Free Report) announced its earnings results on Wednesday. The company reported ($0.24) EPS for the quarter, Zacks reports. The firm had revenue of $8.26 million during the quarter. Willamette Valley Vineyards had a negative return on equity of 3.25% and a negative net margin of 1.99%.
Willamette Valley Vineyards Stock Performance
WVVI opened at $2.73 on Friday. The stock has a market cap of $13.57 million, a PE ratio of -4.47 and a beta of 0.19. Willamette Valley Vineyards has a 1 year low of $2.49 and a 1 year high of $7.18. The stock’s 50 day simple moving average is $2.69 and its 200-day simple moving average is $2.79. The company has a current ratio of 2.70, a quick ratio of 0.39 and a debt-to-equity ratio of 0.61.
Hedge Funds Weigh In On Willamette Valley Vineyards
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Susquehanna International Group LLP acquired a new position in Willamette Valley Vineyards in the third quarter worth $39,000. Raymond James Financial Inc. acquired a new position in Willamette Valley Vineyards in the second quarter valued at approximately $41,000. Finally, EP Wealth Advisors LLC acquired a new position in shares of Willamette Valley Vineyards in the 4th quarter valued at $48,000. 12.24% of the stock is currently owned by institutional investors and hedge funds.
About Willamette Valley Vineyards
Willamette Valley Vineyards, Inc (NASDAQ: WVVI) is an Oregon-based winery specializing in the cultivation, production and marketing of premium cool-climate wines. The company’s core business activities encompass estate vineyard management, winemaking, and direct-to-consumer sales through tasting rooms and wine clubs. Its portfolio features key varietals such as Pinot Noir, Pinot Gris, Chardonnay and Riesling, reflecting the unique terroir of the Willamette Valley American Viticultural Area (AVA).
Founded in 1983 by Jim Bernau, Willamette Valley Vineyards has grown from a small family operation into one of the leading publicly traded wineries in the United States.
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