Seven and I (OTCMKTS:SVNDY) Sees Strong Trading Volume – What’s Next?

Seven and I Holdings Co. (OTCMKTS:SVNDY) saw an uptick in trading volume on Thursday. 214,361 shares were traded during trading, a decline of 8% from the previous session’s volume of 233,364 shares. The stock last traded at $12.62 and had previously closed at $12.72.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Seven and I to a “hold” rating in a report on Tuesday, June 16th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

Seven and I Trading Up 0.6%

The firm has a market capitalization of $29.49 billion, a P/E ratio of 15.31 and a beta of 0.29. The company has a current ratio of 0.94, a quick ratio of 0.81 and a debt-to-equity ratio of 0.90. The stock has a 50 day simple moving average of $12.93 and a 200-day simple moving average of $12.58.

Seven and I (OTCMKTS:SVNDY) last issued its quarterly earnings data on Thursday, July 9th. The company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.11. The firm had revenue of $14.65 billion for the quarter, compared to analysts’ expectations of $14.97 billion. Seven and I had a net margin of 3.03% and a return on equity of 7.87%. On average, equities research analysts forecast that Seven and I Holdings Co. will post 0.83 EPS for the current fiscal year.

Seven and I Company Profile

Seven & i Holdings Co, Ltd. is a Japanese retail and consumer services company best known as the parent of the 7-Eleven convenience-store business. Through its subsidiaries, the company operates convenience stores offering prepared foods, beverages, groceries, household goods, fuel and everyday services. Its convenience-store operations serve customers in Japan, North America and other international markets.

The company also operates or has operated supermarkets and specialty retail businesses in Japan, including Ito-Yokado stores and other food and merchandise formats.