Seven and I (OTCMKTS:SVNDY) Stock Price Crosses Above Fifty Day Moving Average – Here’s Why

by · The Markets Daily

Seven and I Holdings Co. (OTCMKTS:SVNDY – Get Free Report)’s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $12.07 and traded as high as $12.91. Seven and I shares last traded at $12.74, with a volume of 150,040 shares trading hands.

Analyst Upgrades and Downgrades

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

View Our Latest Analysis on SVNDY

Seven and I Stock Up 0.2%

The company has a market capitalization of $30.33 billion, a P/E ratio of 15.35 and a beta of 0.30. The company has a quick ratio of 0.67, a current ratio of 0.94 and a debt-to-equity ratio of 0.90. The firm has a fifty day simple moving average of $12.07 and a 200-day simple moving average of $13.03.

Seven and I (OTCMKTS:SVNDY – Get Free Report) last announced its earnings results on Thursday, July 9th. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 business had revenue of $14.65 billion for the quarter, compared to analyst estimates of $14.97 billion. On average, equities research analysts expect that Seven and I Holdings Co. will post 0.77 EPS for the current fiscal year.

Seven and I Company Profile

(Get Free Report)

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.

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