Scheid Vineyards (OTCMKTS:SVIN) Trading Up 23.7% – Should You Buy?
by Doug Wharley · The Cerbat GemScheid Vineyards Inc. (OTCMKTS:SVIN – Get Free Report) rose 23.7% during trading on Thursday . The company traded as high as $1.80 and last traded at $1.80. Approximately 300 shares were traded during mid-day trading, a decline of 14% from the average daily volume of 351 shares. The stock had previously closed at $1.4548.
Scheid Vineyards Stock Performance
The firm’s 50 day simple moving average is $1.70 and its two-hundred day simple moving average is $1.90. The firm has a market cap of $1.66 million, a price-to-earnings ratio of -0.06 and a beta of -0.24.
Scheid Vineyards (OTCMKTS:SVIN – Get Free Report) last posted its earnings results on Wednesday, January 21st. The company reported ($7.26) EPS for the quarter. The business had revenue of $13.69 million during the quarter.
Scheid Vineyards Company Profile
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.