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

Seven and I Holdings Co. (OTCMKTS:SVNDY)’s share price gapped up prior to trading on Friday . The stock had previously closed at $12.55, but opened at $13.05. Seven and I shares last traded at $13.03, with a volume of 3,667 shares traded.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. Sanford C. Bernstein raised Seven and I to a “hold” rating in a report on Tuesday, May 26th. Zacks Research raised Seven and I to a “hold” rating in a research report on Tuesday, June 16th. Three research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Seven and I Price Performance

The firm has a 50-day moving average of $12.09 and a 200 day moving average of $13.01. The company has a market capitalization of $31.24 billion, a PE ratio of 15.81 and a beta of 0.30. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.94 and a quick ratio of 0.67.

Seven and I (OTCMKTS:SVNDY) last issued its earnings results on Thursday, July 9th. The company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.11. The business had revenue of $14.65 billion during the quarter, compared to analyst estimates 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, research analysts anticipate 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.