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

Shares of Seven and I Holdings Co. (OTCMKTS:SVNDY) gapped down before the market opened on Friday . The stock had previously closed at $13.67, but opened at $12.70. Seven and I shares last traded at $12.8925, with a volume of 1,438 shares traded.

Wall Street Analyst Weigh In

SVNDY has been the subject of a number of recent research reports. Zacks Research raised shares of Seven and I to a “hold” rating in a research report on Tuesday, June 16th. Sanford C. Bernstein raised shares of Seven and I to a “hold” rating in a report on Tuesday, May 26th. Three research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Seven and I currently has a consensus rating of “Hold”.

Seven and I Trading Down 4.6%

The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.81 and a current ratio of 0.94. The company has a market capitalization of $30.67 billion, a price-to-earnings ratio of 15.93 and a beta of 0.30. The firm has a fifty day moving average price of $12.24 and a 200-day moving average price of $12.98.

Seven and I (OTCMKTS:SVNDY) last posted its quarterly earnings results on Thursday, July 9th. The company reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.11. The business had revenue of $14.65 billion during the quarter, compared to the consensus estimate of $14.97 billion. Seven and I had a return on equity of 7.87% and a net margin of 3.03%. As a group, equities analysts anticipate that Seven and I Holdings Co. will post 0.77 EPS 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.