Seven and I (OTCMKTS:SVNDY) Shares Gap Up – Should You Buy?

Seven and I Holdings Co. (OTCMKTS:SVNDY)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $12.55, but opened at $13.05. Seven and I shares last traded at $13.03, with a volume of 3,667 shares traded.

Wall Street Analyst Weigh In

SVNDY has been the subject of a number of research reports. Zacks Research upgraded shares of Seven and I to a “hold” rating in a research note on Tuesday, June 16th. Sanford C. Bernstein upgraded Seven and I to a “hold” rating in a research note on Tuesday, May 26th. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Seven and I Stock Up 4.5%

The company has a quick ratio of 0.67, a current ratio of 0.94 and a debt-to-equity ratio of 0.90. The company has a fifty day simple moving average of $12.09 and a 200-day simple moving average of $13.01. The firm has a market cap of $31.24 billion, a P/E ratio of 15.81 and a beta of 0.30.

Seven and I (OTCMKTS:SVNDY) last posted its quarterly earnings data on Thursday, July 9th. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.10 by $0.11. Seven and I had a return on equity of 7.87% and a net margin of 3.03%.The firm had revenue of $14.65 billion for the quarter, compared to the consensus estimate of $14.97 billion. On average, equities analysts anticipate that Seven and I Holdings Co. will post 0.77 earnings per share for the current year.

Seven and I Company Profile

Seven & I Holdings Co, Ltd. is a Tokyo-based diversified retail holding company best known for its convenience store operations under the 7-Eleven banner. Established as a holding company in 2005 through the reorganization of legacy retail businesses, Seven & I groups a portfolio of retail and service businesses including convenience stores, supermarkets, department stores, foodservice operations, and financial services.

The company’s core activity is the development and franchising of convenience stores that offer a mix of prepared foods, grocery items, daily necessities and quick-service retail products.