Scheid Vineyards (OTCMKTS:SVIN) Trading Down 3.7% – Here’s Why

Shares of Scheid Vineyards Inc. (OTCMKTS:SVINGet Free Report) were down 3.7% during trading on Monday . The company traded as low as $0.5710 and last traded at $0.5710. 100 shares traded hands during mid-day trading, a decline of 76% from the average session volume of 424 shares. The stock had previously closed at $0.5929.

Scheid Vineyards Price Performance

The company has a fifty day moving average price of $0.79 and a 200 day moving average price of $1.15. The company has a market capitalization of $525,320.00, a P/E ratio of -0.02 and a beta of -0.43.

Scheid Vineyards (OTCMKTS:SVINGet Free Report) last released its quarterly earnings data on Monday, June 15th. The company reported ($7.62) earnings per share (EPS) for the quarter. The company had revenue of $15.05 million during the quarter.

About Scheid Vineyards

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Scheid Vineyards Inc is a California-based, family-owned wine company specializing in vineyard management, grape production and winemaking services. Founded in 1972 by Bill Scheid, the company has grown from a single ranch operation into an integrated grower–producer providing grapes and finished wine to clients across the United States.

The company manages estate vineyards throughout the Central Coast region of California, including Monterey, Salinas Valley and parts of San Luis Obispo County.

Further Reading

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