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

Seven and I Holdings Co. (OTCMKTS:SVNDY) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $14.42 and traded as high as $15.1750. Seven and I shares last traded at $14.97, with a volume of 80,952 shares traded.

Seven and I Price Performance

The stock has a market cap of $38.99 billion, a P/E ratio of 18.48 and a beta of 0.46. The company’s 50 day moving average price is $14.42 and its 200-day moving average price is $13.68. The company has a quick ratio of 0.71, a current ratio of 0.81 and a debt-to-equity ratio of 0.78.

Seven and I (OTCMKTS:SVNDY) last posted its quarterly earnings data on Thursday, January 8th. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.02. The business had revenue of $15.54 billion during the quarter, compared to the consensus estimate of $15.73 billion. Seven and I had a return on equity of 5.90% and a net margin of 2.79%. As a group, sell-side 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.