Seven and I (OTCMKTS:SVNDY) Stock Crosses Above 50-Day Moving Average – Time to Sell?

Seven and I Holdings Co. (OTCMKTS:SVNDY)’s share price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $12.77 and traded as high as $13.1850. Seven and I shares last traded at $13.18, with a volume of 91,544 shares.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on SVNDY. Zacks Research raised Seven and I to a “hold” rating in a report on Tuesday, June 16th. Sanford C. Bernstein upgraded shares of 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, Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Seven and I Price Performance

The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.81 and a current ratio of 0.94. The company has a market cap of $30.51 billion, a P/E ratio of 15.84 and a beta of 0.29. The firm has a 50 day moving average price of $12.79 and a two-hundred day moving average price of $12.70.

Seven and I (OTCMKTS:SVNDY) last announced its quarterly earnings data on Thursday, July 9th. The company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.11. The company had revenue of $14.65 billion during the quarter, compared to analyst estimates of $14.97 billion. Seven and I had a return on equity of 7.87% and a net margin of 3.03%. On average, analysts predict that Seven and I Holdings Co. will post 0.83 EPS for the current fiscal 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.