Seven and I (OTCMKTS:SVNDY) Trading Down 4.2% – Here’s Why

Shares of Seven and I Holdings Co. (OTCMKTS:SVNDY) fell 4.2% during mid-day trading on Friday . The stock traded as low as $13.98 and last traded at $14.05. 5,338 shares traded hands during trading, a decline of 94% from the average session volume of 85,977 shares. The stock had previously closed at $14.66.

Seven and I Price Performance

The stock has a market capitalization of $37.06 billion, a P/E ratio of 17.57 and a beta of 0.46. The company’s 50 day simple moving average is $14.44 and its two-hundred day simple moving average is $13.69. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.81 and a quick ratio of 0.71.

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