Seven and I (OTCMKTS:SVNDY) Shares Gap Down – Here’s Why

Shares of Seven and I Holdings Co. (OTCMKTS:SVNDY) gapped down before the market opened on Thursday . The stock had previously closed at $13.01, but opened at $12.36. Seven and I shares last traded at $12.73, with a volume of 13,927 shares changing hands.

Seven and I Stock Performance

The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.71 and a current ratio of 0.81. The business’s 50-day moving average is $14.24 and its 200-day moving average is $13.68. The company has a market capitalization of $33.00 billion, a PE ratio of 15.64 and a beta of 0.47.

Seven and I (OTCMKTS:SVNDY) last announced its quarterly earnings data on Thursday, January 8th. The company reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.02. Seven and I had a net margin of 2.79% and a return on equity of 5.90%. The business had revenue of $15.54 billion for the quarter, compared to analysts’ expectations of $15.73 billion. On average, research analysts anticipate that Seven and I Holdings Co. will post 0.77 earnings per share 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.