Seven and I (OTCMKTS:SVNDY) Stock Passes Below 50-Day Moving Average – What’s Next?

Seven and I Holdings Co. (OTCMKTS:SVNDY)’s share price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $13.92 and traded as low as $12.98. Seven and I shares last traded at $13.07, with a volume of 117,344 shares traded.

Seven and I Stock Up 0.0%

The company has a current ratio of 0.81, a quick ratio of 0.71 and a debt-to-equity ratio of 0.78. The stock has a market capitalization of $34.04 billion, a PE ratio of 16.14 and a beta of 0.47. The stock’s fifty day simple moving average is $13.92 and its 200-day simple moving average is $13.66.

Seven and I (OTCMKTS:SVNDY) last announced its earnings results on Thursday, January 8th. The company reported $0.20 EPS for the quarter, beating 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 5.90%. The company had revenue of $15.54 billion during the quarter, compared to the consensus estimate of $15.73 billion. As a group, sell-side analysts forecast that Seven and I Holdings Co. will post 0.77 EPS for the current fiscal 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.