Scheid Vineyards Inc. (OTCMKTS:SVIN – Get Free Report)’s share price was up 12.7% on Thursday. The stock traded as high as $0.6208 and last traded at $0.6208. 100 shares were traded during mid-day trading, a decline of 77% from the average daily volume of 432 shares. The stock had previously closed at $0.5510.
Scheid Vineyards Stock Performance
The firm’s 50 day simple moving average is $0.73 and its 200-day simple moving average is $1.02. The company has a market capitalization of $571,136.00, a price-to-earnings ratio of -0.02 and a beta of -0.40.
Scheid Vineyards Company Profile
Scheid Vineyards Inc is a California wine company based in Monterey County. The company grows wine grapes and produces, bottles and markets wines made primarily from grapes cultivated in its estate vineyards along California’s Central Coast.
Founded in 1972 by Al Scheid, the company has developed a vertically integrated wine business that includes vineyard development, winemaking, bottling and distribution. Its portfolio has included wines sold under the Scheid Vineyards name as well as brands such as District 7, Metz Road and Ryder Estate, with offerings spanning varietals including Chardonnay, Pinot Noir, Cabernet Sauvignon and other California wine grapes.
Scheid Vineyards serves consumers through retail, restaurant and direct-to-consumer channels, with its wines distributed in California and other markets.
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