Scheid Vineyards (OTCMKTS:SVIN) Stock Price Down 3% – Here’s What Happened

Scheid Vineyards Inc. (OTCMKTS:SVINGet Free Report)’s stock price dropped 3% on Wednesday . The company traded as low as $0.6886 and last traded at $0.6886. 200 shares changed hands during trading, a decline of 60% from the average daily volume of 503 shares. The stock had previously closed at $0.71.

Scheid Vineyards Stock Down 3.0%

The company has a market capitalization of $633,512.00, a PE ratio of -0.03 and a beta of -0.38. The company’s 50 day moving average is $0.99 and its two-hundred day moving average is $1.45.

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

Scheid Vineyards Company Profile

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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.

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