Seven and I (OTCMKTS:SVNDY) Share Price Crosses Below 50 Day Moving Average – Here’s Why

Seven and I Holdings Co. (OTCMKTS:SVNDY) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $14.03 and traded as low as $14.0220. Seven and I shares last traded at $14.12, with a volume of 97,548 shares.

Seven and I Price Performance

The company has a market capitalization of $36.78 billion, a P/E ratio of 17.43 and a beta of 0.45. The business’s 50-day moving average is $14.03 and its two-hundred day moving average is $13.54. The company has a quick ratio of 0.71, a current ratio of 0.81 and a debt-to-equity ratio of 0.78.

Seven and I (OTCMKTS:SVNDY) last posted its quarterly earnings data 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 firm had revenue of $15.54 billion during the quarter, compared to analyst estimates of $15.73 billion. As a group, analysts predict 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.