Shares of Scheid Vineyards Inc. (OTCMKTS:SVIN – Get Free Report) dropped 0.6% during mid-day trading on Thursday . The stock traded as low as $1.80 and last traded at $1.80. Approximately 1,400 shares traded hands during trading, an increase of 11,815% from the average daily volume of 12 shares. The stock had previously closed at $1.81.
Scheid Vineyards Price Performance
The firm’s 50-day moving average is $1.77 and its 200 day moving average is $2.24.
Scheid Vineyards (OTCMKTS:SVIN – Get Free Report) last released its earnings results on Wednesday, January 21st. The company reported ($7.26) earnings per share (EPS) for the quarter. The business had revenue of $13.69 million during the quarter.
About Scheid Vineyards
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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