Seven & i (OTCMKTS:SVNDY) Lowered to “Sell” at Zacks Investment Research


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Seven & i (OTCMKTS:SVNDY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Thursday, Zacks.com reports.

According to Zacks, “Seven & i Holdings Co., Ltd. is a Japan-based holding company which focusses on seven business areas including convenience stores, general merchandise stores, department stores, supermarkets, food-services, financial services, and IT services. The Company’s Convenience Store operates under the name 7-Eleven Japan. The Super Store segment operates general supermarkets such as Ito Yokado and Marudai, as well as food supermarkets such as York-Benimaru, York Mart and Sanei. The Department Store segment operates department stores such as Sogo and Seibu. The Food Service segment operates restaurant and dining halls, as well as provides catering services. The Financial-related segment is engaged in the provision of bank services and other financial related businesses. The Company focuses on the creation of life infrastructure that keeps up with the changing society and time, through a New, Comprehensive Lifestyle Industry to continually respond to the ordinary needs of the customers. “

Separately, ValuEngine downgraded Seven & i from a “hold” rating to a “sell” rating in a research report on Wednesday, January 6th.

OTCMKTS SVNDY opened at $18.84 on Thursday. The business has a 50 day simple moving average of $17.38 and a 200 day simple moving average of $16.35. Seven & i has a 52-week low of $13.93 and a 52-week high of $20.34. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.02 and a current ratio of 1.14. The stock has a market cap of $33.33 billion, a price-to-earnings ratio of 20.04 and a beta of 0.17.

About Seven & i

Seven & i Holdings Co, Ltd. engages in retail, food, financial, and IT businesses. The company's Domestic Convenience Store Operations segment operates convenience stores. As of May 31, 2018, it operated 19,943 franchised stores and 442 directly operated stores in Japan; and a number of 7-Eleven convenience stores in China and Hawaii.

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