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

Seven and I Holdings Co. (OTCMKTS:SVNDY) shares gapped up prior to trading on Friday . The stock had previously closed at $12.64, but opened at $13.30. Seven and I shares last traded at $12.86, with a volume of 186,016 shares traded.

Seven and I Price Performance

The stock has a market capitalization of $33.70 billion, a P/E ratio of 15.98 and a beta of 0.47. The business has a fifty day simple moving average of $14.32 and a 200 day simple moving average of $13.68. The company has a current ratio of 0.81, a quick ratio of 0.71 and a debt-to-equity ratio of 0.78.

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