Scheid Vineyards (OTCMKTS:SVIN) Announces Earnings Results

Scheid Vineyards (OTCMKTS:SVIN – Get Free Report) announced its earnings results on Tuesday. The company reported ($3.35) earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $13.35 million for the quarter.

Scheid Vineyards Stock Performance

Scheid Vineyards stock opened at $0.55 on Thursday. The firm’s fifty day moving average price is $0.66 and its 200-day moving average price is $0.96. The stock has a market cap of $506,920.00, a P/E ratio of -0.02 and a beta of -0.40. Scheid Vineyards has a fifty-two week low of $0.54 and a fifty-two week high of $2.23.

Scheid Vineyards Company Profile

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Scheid Vineyards Inc is a California-based wine company engaged in growing wine grapes and producing, marketing and selling wines. The company operates primarily in Monterey County, where the region’s coastal climate supports the cultivation of a range of grape varieties.

The company produces wines under the Scheid Vineyards name and offers varietals and blends made from estate-grown and other Central Coast grapes. Its portfolio has included wines associated with Monterey County and the broader California Central Coast, and its products are distributed through retail, restaurant and direct-to-consumer channels.

Scheid Vineyards was founded by Al Scheid in 1972 as a vineyard-development and grape-growing business before expanding into wine production.

Further Reading

Earnings History for Scheid Vineyards (OTCMKTS:SVIN)

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