Seven and I (OTCMKTS:SVNDY) Shares Gap Down – Should You Sell?

Seven and I Holdings Co. (OTCMKTS:SVNDY)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $14.67, but opened at $14.27. Seven and I shares last traded at $14.2799, with a volume of 19,528 shares.

Seven and I Trading Down 2.7%

The company has a debt-to-equity ratio of 0.78, a current ratio of 0.81 and a quick ratio of 0.59. The stock has a market capitalization of $37.17 billion, a price-to-earnings ratio of 17.62 and a beta of 0.45. The business has a 50 day simple moving average of $13.90 and a 200-day simple moving average of $13.57.

Seven and I (OTCMKTS:SVNDY) last issued its quarterly earnings data on Thursday, January 8th. The company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates 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 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.