Seven and I (OTCMKTS:SVNDY) Stock Crosses Above Fifty Day Moving Average – What’s Next?

Seven and I Holdings Co. (OTCMKTS:SVNDY) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $13.31 and traded as high as $14.20. Seven and I shares last traded at $14.11, with a volume of 197,662 shares trading hands.

Wall Street Analyst Weigh In

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

Seven and I Stock Down 1.7%

The company has a debt-to-equity ratio of 0.77, a current ratio of 0.70 and a quick ratio of 0.59. The company has a market cap of $36.75 billion, a PE ratio of 22.40 and a beta of 0.48. The business’s 50 day moving average is $13.31 and its 200-day moving average is $13.78.

Seven and I (OTCMKTS:SVNDY) last announced its quarterly earnings data on Thursday, October 9th. The company reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.07. The business had revenue of $18.62 billion for the quarter, compared to analyst estimates of $20.13 billion. Seven and I had a net margin of 2.08% and a return on equity of 6.54%. As a group, analysts predict that Seven and I Holdings Co. will post 0.77 EPS for the current 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.