Seven and I (OTCMKTS:SVNDY) Shares Gap Down – What’s Next?

Seven and I Holdings Co. (OTCMKTS:SVNDY) shares gapped down before the market opened on Thursday . The stock had previously closed at $14.97, but opened at $14.21. Seven and I shares last traded at $14.69, with a volume of 7,257 shares traded.

Seven and I Price Performance

The firm has a market cap of $38.22 billion, a price-to-earnings ratio of 18.12 and a beta of 0.46. The stock’s fifty day moving average price is $14.42 and its 200-day moving average price is $13.68. The company has a current ratio of 0.81, a quick ratio of 0.71 and a debt-to-equity ratio of 0.78.

Seven and I (OTCMKTS:SVNDY) last announced its quarterly 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. The business had revenue of $15.54 billion for the quarter, compared to analyst estimates of $15.73 billion. Seven and I had a return on equity of 5.90% and a net margin of 2.79%. As a group, 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.