Seven and I (OTCMKTS:SVNDY) Shares Gap Down – Should You Sell?

by · The Cerbat Gem

Shares of Seven and I Holdings Co. (OTCMKTS:SVNDY – Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $13.70, but opened at $13.30. Seven and I shares last traded at $13.6050, with a volume of 42,796 shares traded.

Wall Street Analysts Forecast Growth

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

View Our Latest Report on Seven and I

Seven and I Stock Performance

The firm’s 50 day simple moving average is $13.12 and its 200-day simple moving average is $13.96. The company has a market cap of $35.99 billion, a price-to-earnings ratio of 21.94 and a beta of 0.46. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.59 and a current ratio of 0.70.

Seven and I (OTCMKTS:SVNDY – Get Free Report) last released its earnings results on Thursday, October 9th. The company reported $0.22 earnings per share for the quarter, topping 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%. On average, sell-side analysts predict that Seven and I Holdings Co. will post 0.77 EPS for the current year.

About Seven and I

(Get Free Report)

Seven & i Holdings Co, Ltd. operates convenience stores, superstores, department stores, supermarkets, and specialty stores. It operates through six segments: Domestic Convenience Store operations, Overseas Convenience Store Operations, Superstore Operations, Department and Specialty Store Operations, Financial Services, and Others.

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