Scheid Vineyards (OTCMKTS:SVIN) Trading Down 2.7% – Should You Sell?

Scheid Vineyards Inc. (OTCMKTS:SVINGet Free Report) shares were down 2.7% during trading on Thursday . The stock traded as low as $1.07 and last traded at $1.07. Approximately 650 shares were traded during trading, an increase of 66% from the average daily volume of 393 shares. The stock had previously closed at $1.10.

Scheid Vineyards Stock Performance

The firm has a fifty day moving average price of $1.45 and a 200 day moving average price of $1.62. The stock has a market cap of $984,400.00, a PE ratio of -0.03 and a beta of -0.36.

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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