Seven and I (OTCMKTS:SVNDY) Sees Strong Trading Volume – Here’s What Happened

Shares of Seven and I Holdings Co. (OTCMKTS:SVNDY) saw strong trading volume on Wednesday . 112,436 shares changed hands during trading, an increase of 25% from the previous session’s volume of 89,900 shares.The stock last traded at $14.12 and had previously closed at $14.62.

Seven and I Stock Down 1.7%

The company has a market capitalization of $36.07 billion, a P/E ratio of 17.10 and a beta of 0.45. The stock has a 50 day moving average price of $13.84 and a 200 day moving average price of $13.64. 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) last announced its quarterly earnings data on Thursday, January 8th. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.18 by $0.02. Seven and I had a net margin of 2.79% and a return on equity of 5.72%. The business had revenue of $15.54 billion for the quarter, compared to analyst estimates of $15.73 billion. Equities research analysts forecast that Seven and I Holdings Co. will post 0.77 earnings per share 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.