Seven and I (OTCMKTS:SVNDY) Shares Gap Up - Here's What Happened

Key Points

• Seven and I (OTCMKTS:SVNDY) shares gapped up pre-market, opening at $13.28 versus a prior close of $12.99, but later traded down to $12.95 on about 12,800 shares, reflecting a roughly 0.5% intraday pullback.
• The company reported quarterly EPS of $0.20, beating analysts' $0.18 estimate, while revenue of $15.54 billion slightly missed the $15.73 billion consensus.
• Key fundamentals: market cap about $33.66 billion, P/E ~15.96, debt-to-equity 0.78, ROE 5.9%, net margin 2.79%, and analysts project roughly 0.77 EPS for the current year.

Seven and I Holdings Co. (OTCMKTS:SVNDY - Get Free Report) shares gapped up before the market opened on Thursday . The stock had previously closed at $12.99, but opened at $13.28. Seven and I shares last traded at $12.95, with a volume of 12,802 shares.

Seven and I Trading Down 0.5%

The business's 50 day simple moving average is $14.10 and its 200-day simple moving average is $13.66. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.81 and a quick ratio of 0.71. The stock has a market capitalization of $33.66 billion, a P/E ratio of 15.96 and a beta of 0.47.

Seven and I (OTCMKTS:SVNDY - Get Free Report) last posted its quarterly earnings results 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. Seven and I had a return on equity of 5.90% and a net margin of 2.79%.The company had revenue of $15.54 billion for the quarter, compared to the consensus estimate of $15.73 billion. As a group, analysts forecast that Seven and I Holdings Co. will post 0.77 EPS 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.

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