Seven and I (OTCMKTS:SVNDY) Stock Price Passes Below 50-Day Moving Average – Time to Sell?

Seven and I Holdings Co. (OTCMKTS:SVNDY) shares crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $13.92 and traded as low as $12.98. Seven and I shares last traded at $13.07, with a volume of 117,344 shares trading hands.

Seven and I Stock Performance

The stock’s 50-day moving average price is $13.92 and its 200-day moving average price is $13.65. The company has a market capitalization of $34.04 billion, a price-to-earnings ratio of 16.14 and a beta of 0.47. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.71 and a current ratio of 0.81.

Seven and I (OTCMKTS:SVNDY) last released its quarterly earnings data on Thursday, January 8th. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.18 by $0.02. The business had revenue of $15.54 billion for the quarter, compared to analyst estimates 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 research analysts expect that Seven and I Holdings Co. will post 0.77 earnings per share for the current year.

Seven and I Company Profile

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.