Scheid Vineyards (OTCMKTS:SVIN) Shares Down 31.1% – What’s Next?

Scheid Vineyards Inc. (OTCMKTS:SVINGet Free Report)’s stock price traded down 31.1% during mid-day trading on Monday . The company traded as low as $0.6887 and last traded at $0.6887. 951 shares changed hands during trading, an increase of 2,242% from the average session volume of 41 shares. The stock had previously closed at $1.00.

Scheid Vineyards Stock Down 31.1%

The company has a market capitalization of $633,604.00, a P/E ratio of -0.03 and a beta of -0.41. The business has a 50 day simple moving average of $0.86 and a 200-day simple moving average of $1.27.

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

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