Seven and I (OTCMKTS:SVNDY) Sees Strong Trading Volume – Still a Buy?

Shares of Seven and I Holdings Co. (OTCMKTS:SVNDYGet Free Report) saw an uptick in trading volume on Thursday . 1,343,133 shares changed hands during trading, an increase of 422% from the previous session’s volume of 257,299 shares.The stock last traded at $13.77 and had previously closed at $13.67.

Wall Street Analyst Weigh In

SVNDY has been the subject of a number of recent analyst reports. 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 report on Tuesday, June 16th. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has an average rating of “Hold”.

Read Our Latest Research Report on SVNDY

Seven and I Stock Up 1.0%

The firm has a market cap of $32.02 billion, a P/E ratio of 16.63 and a beta of 0.30. The firm’s fifty day moving average is $12.20 and its 200 day moving average is $12.98. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.81 and a current ratio of 0.94.

Seven and I (OTCMKTS:SVNDYGet Free Report) last issued its quarterly earnings data on Thursday, July 9th. The company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.11. Seven and I had a net margin of 3.03% and a return on equity of 7.87%. The firm had revenue of $14.65 billion during the quarter, compared to the consensus estimate of $14.97 billion. As a group, equities 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

(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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