Seven and I (OTCMKTS:SVNDY) Stock Passes Above Fifty Day Moving Average – Time to Sell?

Seven and I Holdings Co. (OTCMKTS:SVNDY)’s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $13.31 and traded as high as $14.20. Seven and I shares last traded at $14.11, with a volume of 197,662 shares traded.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group upgraded shares of Seven and I to a “hold” rating in a research report on Tuesday, September 9th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Seven and I Trading Down 1.7%

The firm’s 50-day moving average price is $13.31 and its 200 day moving average price is $13.79. The company has a market cap of $36.75 billion, a price-to-earnings ratio of 22.40 and a beta of 0.48. The company has a current ratio of 0.70, a quick ratio of 0.59 and a debt-to-equity ratio of 0.77.

Seven and I (OTCMKTS:SVNDY) last released its earnings results on Thursday, October 9th. The company reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.07. The company had revenue of $18.62 billion for the quarter, compared to the consensus estimate of $20.13 billion. Seven and I had a net margin of 2.08% and a return on equity of 6.54%. As a group, equities analysts expect 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.