Seven and I (OTCMKTS:SVNDY) Stock Price Passes Above 50 Day Moving Average – Should You Sell?

Seven and I Holdings Co. (OTCMKTS:SVNDY – Get Free Report) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $12.07 and traded as high as $12.91. Seven and I shares last traded at $12.74, with a volume of 150,040 shares.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Zacks Research raised shares of Seven and I to a “hold” rating in a report on Tuesday, June 16th. Sanford C. Bernstein raised shares of Seven and I to a “hold” rating in a research report on Tuesday, May 26th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold”.

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Check Out Our Latest Analysis on SVNDY

Seven and I Stock Up 4.5%

The stock has a market capitalization of $31.24 billion, a P/E 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. The stock has a fifty day moving average price of $12.12 and a 200 day moving average price of $13.01.

Seven and I (OTCMKTS:SVNDY – Get Free Report) last released its quarterly earnings data on Thursday, July 9th. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.11. The company had revenue of $14.65 billion for 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%. On average, research analysts forecast that Seven and I Holdings Co. will post 0.77 earnings per share for the current year.

About Seven and I

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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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