Scheid Vineyards (OTCMKTS:SVIN) Stock Price Down 3.7% – Should You Sell?

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

Scheid Vineyards Stock Down 3.7%

The stock has a market capitalization of $525,320.00, a price-to-earnings ratio of -0.02 and a beta of -0.43. The business has a 50-day simple moving average of $0.79 and a two-hundred day simple moving average of $1.15.

Scheid Vineyards (OTCMKTS:SVINGet Free Report) last issued 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 during 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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