Seven and I (OTCMKTS:SVNDY) Shares Gap Down – Should You Sell?

Seven and I Holdings Co. (OTCMKTS:SVNDYGet Free Report) shares gapped down before the market opened on Wednesday . The stock had previously closed at $12.67, but opened at $11.96. Seven and I shares last traded at $12.32, with a volume of 6,626 shares traded.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on SVNDY. Sanford C. Bernstein raised Seven and I to a “hold” rating in a research report on Tuesday, May 26th. Zacks Research raised Seven and I to a “hold” rating in a research note on Tuesday, June 16th. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat, Seven and I has a consensus rating of “Hold”.

Read Our Latest Stock Analysis on SVNDY

Seven and I Stock Up 6.3%

The company has a quick ratio of 0.67, a current ratio of 0.79 and a debt-to-equity ratio of 0.84. The firm has a market capitalization of $31.43 billion, a PE ratio of 16.71 and a beta of 0.30. The business’s 50-day moving average price is $11.95 and its 200-day moving average price is $13.13.

Seven and I Company Profile

(Get Free Report)

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.

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