Seven and I (OTCMKTS:SVNDY) Shares Pass Above 50-Day Moving Average – What’s Next?

Seven and I Holdings Co. (OTCMKTS:SVNDY)’s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $13.12 and traded as high as $13.67. Seven and I shares last traded at $13.64, with a volume of 359,873 shares.

Analyst Ratings Changes

Separately, The Goldman Sachs Group upgraded shares of Seven and I to a “hold” rating in a report on Tuesday, September 9th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Seven and I has an average rating of “Hold”.

Seven and I Price Performance

The company has a fifty day simple moving average of $13.14 and a 200 day simple moving average of $13.95. The stock has a market capitalization of $36.05 billion, a price-to-earnings ratio of 21.97 and a beta of 0.46. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.59 and a current ratio of 0.70.

Seven and I (OTCMKTS:SVNDY) last issued its quarterly earnings data on Thursday, October 9th. The company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.07. Seven and I had a return on equity of 6.54% and a net margin of 2.08%.The company had revenue of $18.62 billion during the quarter, compared to the consensus estimate of $20.13 billion. Equities research analysts forecast that Seven and I Holdings Co. will post 0.77 EPS for the current fiscal year.

About Seven and I

Seven & i Holdings Co, Ltd. operates convenience stores, superstores, department stores, supermarkets, and specialty stores. It operates through six segments: Domestic Convenience Store operations, Overseas Convenience Store Operations, Superstore Operations, Department and Specialty Store Operations, Financial Services, and Others.