Seven and I (OTCMKTS:SVNDY) Stock Crosses Below Fifty Day Moving Average - Here's What Happened

Key Points

• Seven and I Holdings Co. (OTCMKTS:SVNDY) saw its stock price drop below the 50-day moving average of $14.72, trading as low as $13.69 and last closing at $13.87.
• The company recently reported a quarterly earnings per share of $0.13, exceeding analyst expectations of $0.11 and achieving a revenue of approximately $19 billion.
• Seven and I has a current market capitalization of $36.13 billion with a debt-to-equity ratio of 0.73, indicating a relatively stable financial position.

Seven and I Holdings Co. (OTCMKTS:SVNDY - Get Free Report) shares passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $14.72 and traded as low as $13.69. Seven and I shares last traded at $13.87, with a volume of 100,012 shares traded.

Seven and I Price Performance

The company has a quick ratio of 0.73, a current ratio of 0.81 and a debt-to-equity ratio of 0.73. The firm has a market cap of $35.46 billion, a P/E ratio of 26.70 and a beta of 0.49. The company has a 50 day moving average of $14.65 and a two-hundred day moving average of $14.80.

Seven and I (OTCMKTS:SVNDY - Get Free Report) last announced its quarterly earnings data on Thursday, July 10th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.11 by $0.02. Seven and I had a net margin of 1.65% and a return on equity of 6.49%. The company had revenue of $18,962,688 billion during the quarter, compared to analysts' expectations of $18.81 billion. 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.