Seven and I (OTCMKTS:SVNDY) Shares Gap Down – Here’s What Happened

Seven and I Holdings Co. (OTCMKTS:SVNDY) shares gapped down before the market opened on Wednesday . The stock had previously closed at $14.67, but opened at $14.27. Seven and I shares last traded at $14.2799, with a volume of 19,528 shares changing hands.

Seven and I Price Performance

The stock has a 50-day moving average price of $13.97 and a two-hundred day moving average price of $13.57. The company has a current ratio of 0.81, a quick ratio of 0.59 and a debt-to-equity ratio of 0.78. The stock has a market cap of $36.62 billion, a price-to-earnings ratio of 17.36 and a beta of 0.45.

Seven and I (OTCMKTS:SVNDY) last released its quarterly earnings results on Thursday, January 8th. The company reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.02. Seven and I had a return on equity of 5.90% and a net margin of 2.79%.The company had revenue of $15.54 billion during the quarter, compared to analysts’ expectations of $15.73 billion. As a group, equities research analysts forecast that Seven and I Holdings Co. will post 0.77 EPS for the current year.

About Seven and I

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.