Seven and I (OTCMKTS:SVNDY) Shares Pass Below 50-Day Moving Average - What's Next?

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)'s share price 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.

Seven and I Price Performance

The stock has a market capitalization of $35.66 billion, a price-to-earnings ratio of 26.84 and a beta of 0.49. 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 business's 50 day simple moving average is $14.69 and its 200-day simple moving average is $14.81.

Seven and I (OTCMKTS:SVNDY - Get Free Report) last posted its quarterly earnings results on Thursday, July 10th. The company reported $0.13 earnings per share 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 for the quarter, compared to the consensus estimate of $18.81 billion. On average, research analysts forecast 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. 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.