Scheid Vineyards (OTCMKTS:SVIN) Stock Price Up 9.1% – Time to Buy?

Scheid Vineyards Inc. (OTCMKTS:SVINGet Free Report) traded up 9.1% during mid-day trading on Tuesday . The company traded as high as $6.00 and last traded at $6.00. 100 shares changed hands during trading, a decline of 83% from the average session volume of 593 shares. The stock had previously closed at $5.50.

Scheid Vineyards Price Performance

The company has a market capitalization of $5.50 million, a PE ratio of -0.27 and a beta of 0.13. The company’s fifty day moving average is $6.00 and its 200-day moving average is $7.26.

Scheid Vineyards (OTCMKTS:SVINGet Free Report) last announced its earnings results on Wednesday, July 24th. The company reported $0.93 earnings per share (EPS) for the quarter. The company had revenue of $14.95 million for the quarter.

About Scheid Vineyards

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Scheid Vineyards Inc manufactures and sells wine in the United States. The company operates vineyards in Monterey and San Benito counties of California. It offers red, white, reserve, dessert wines, as well as accessories, such as wine glass. The company was incorporated in 1971 and is based in Salinas, California.

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