Seven and I (OTCMKTS:SVNDY) Shares Gap Down – What’s Next?

Seven and I Holdings Co. (OTCMKTS:SVNDY) gapped down before the market opened on Friday . The stock had previously closed at $13.67, but opened at $12.70. Seven and I shares last traded at $12.8925, with a volume of 1,438 shares.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on SVNDY. Zacks Research raised Seven and I to a “hold” rating in a report on Tuesday, June 16th. Sanford C. Bernstein upgraded Seven and I to a “hold” rating in a research note on Tuesday, May 26th. Three analysts have rated the stock with a Hold rating, According to MarketBeat.com, Seven and I currently has a consensus rating of “Hold”.

Seven and I Trading Down 4.6%

The firm’s 50 day simple moving average is $12.24 and its two-hundred day simple moving average is $12.98. The stock has a market capitalization of $30.67 billion, a P/E ratio of 15.93 and a beta of 0.30. The company has a quick ratio of 0.81, a current ratio of 0.94 and a debt-to-equity ratio of 0.90.

Seven and I (OTCMKTS:SVNDY) last issued its earnings results on Thursday, July 9th. The company reported $0.21 EPS for the quarter, beating 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 company had revenue of $14.65 billion during the quarter, compared to the consensus estimate of $14.97 billion. As a group, analysts forecast that Seven and I Holdings Co. will post 0.77 earnings per share for the current fiscal year.

About Seven and I

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.