Seven and I (OTCMKTS:SVNDY) Share Price Crosses Below 50-Day Moving Average – Time to Sell?

Seven and I Holdings Co. (OTCMKTS:SVNDYGet Free Report) shares passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $12.38 and traded as low as $11.53. Seven and I shares last traded at $11.62, with a volume of 519,856 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein raised shares of Seven and I to a “hold” rating in a research note on Tuesday, May 26th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Seven and I has an average rating of “Hold”.

Check Out Our Latest Report on SVNDY

Seven and I Stock Performance

The company has a current ratio of 0.79, a quick ratio of 0.67 and a debt-to-equity ratio of 0.84. The firm has a market capitalization of $27.66 billion, a price-to-earnings ratio of 14.71 and a beta of 0.31. The stock’s 50 day moving average price is $12.38 and its two-hundred day moving average price is $13.41.

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.

Further Reading

Receive News & Ratings for Seven and I Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Seven and I and related companies with MarketBeat.com's FREE daily email newsletter.