Willamette Valley Vineyards (NASDAQ:WVVI) Issues Quarterly Earnings Results

Willamette Valley Vineyards (NASDAQ:WVVI) released its quarterly earnings results on Wednesday. The company reported ($0.24) earnings per share (EPS) for the quarter, Zacks reports. Willamette Valley Vineyards had a negative return on equity of 3.90% and a negative net margin of 2.47%.

Willamette Valley Vineyards Stock Performance

Shares of NASDAQ:WVVI traded up $0.11 during midday trading on Wednesday, hitting $2.76. The company’s stock had a trading volume of 5,246 shares, compared to its average volume of 4,274. Willamette Valley Vineyards has a fifty-two week low of $2.49 and a fifty-two week high of $7.18. The stock’s 50 day simple moving average is $2.68 and its 200 day simple moving average is $2.79. The stock has a market capitalization of $13.74 million, a price-to-earnings ratio of -4.38 and a beta of 0.19. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.39 and a current ratio of 2.70.

Institutional Investors Weigh In On Willamette Valley Vineyards

Institutional investors have recently bought and sold shares of the business. Susquehanna International Group LLP acquired a new stake in Willamette Valley Vineyards during the third quarter worth $39,000. Raymond James Financial Inc. acquired a new stake in Willamette Valley Vineyards during the second quarter worth $41,000. Finally, EP Wealth Advisors LLC acquired a new stake in Willamette Valley Vineyards during the fourth quarter worth $48,000. Institutional investors and hedge funds own 12.24% of the company’s stock.

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.