Seven and I (OTCMKTS:SVNDY) Shares Gap Down - Time to Sell?

Key Points

• Shares of Seven and I Holdings Co. (OTCMKTS:SVNDY) gapped down from a previous close of $13.35 to open at $12.76, ultimately trading at $13.04 with a volume of 1,783 shares.
• Goldman Sachs has upgraded Seven and I to a "hold" rating, reflecting a consensus rating of "Hold" among analysts.
• The company reported $0.22 earnings per share for the recent quarter, exceeding analysts' expectations, but its revenue of $18.62 billion fell short of the forecast of $20.13 billion.

Seven and I Holdings Co. (OTCMKTS:SVNDY - Get Free Report) shares gapped down prior to trading on Friday . The stock had previously closed at $13.35, but opened at $12.76. Seven and I shares last traded at $13.04, with a volume of 1,783 shares.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised Seven and I to a "hold" rating in a report on Tuesday, September 9th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold".

Seven and I Stock Performance

The stock has a market capitalization of $34.23 billion, a P/E ratio of 20.86 and a beta of 0.47. The company has a quick ratio of 0.73, a current ratio of 0.70 and a debt-to-equity ratio of 0.77. The business has a fifty day moving average price of $13.25 and a 200-day moving average price of $14.17.

Seven and I (OTCMKTS:SVNDY - Get Free Report) last announced its quarterly earnings results on Thursday, October 9th. The company reported $0.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.15 by $0.07. The firm had revenue of $18.62 billion for the quarter, compared to the consensus estimate of $20.13 billion. Seven and I had a return on equity of 6.54% and a net margin of 2.08%. On average, sell-side analysts expect that Seven and I Holdings Co. will post 0.77 EPS for the current year.

About Seven and I

Seven & i Holdings Co, Ltd. operates convenience stores, superstores, department stores, supermarkets, and specialty stores. It operates through six segments: Domestic Convenience Store operations, Overseas Convenience Store Operations, Superstore Operations, Department and Specialty Store Operations, Financial Services, and Others.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.