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

Key Points

• Seven and I Holdings Co. stock fell below its 50-day moving average of $13.84, trading as low as $13.13 before closing at $13.31 with a volume of 188,028 shares.
• The company reported quarterly earnings with earnings per share (EPS) of $0.13, surpassing estimates, and revenue of $18.96 billion, above analysts' expectations of $18.81 billion.
• Seven and I has a market capitalization of $34.67 billion and operates in various retail segments including convenience stores and supermarkets.

Seven and I Holdings Co. (OTCMKTS:SVNDY - Get Free Report) shares passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $13.84 and traded as low as $13.13. Seven and I shares last traded at $13.31, with a volume of 188,028 shares traded.

Analyst Ratings Changes

Separately, The Goldman Sachs Group upgraded shares of Seven and I to a "hold" rating in a research report on Tuesday. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of "Hold".

Seven and I Price Performance

The company has a debt-to-equity ratio of 0.73, a current ratio of 0.81 and a quick ratio of 0.73. The firm has a market cap of $34.85 billion, a P/E ratio of 26.24 and a beta of 0.47. The stock's 50-day simple moving average is $13.63 and its two-hundred day simple moving average is $14.40.

Seven and I (OTCMKTS:SVNDY - Get Free Report) last issued its earnings results 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. The firm had revenue of $18.96 billion during the quarter, compared to analyst estimates of $18.81 billion. Seven and I had a net margin of 1.65% and a return on equity of 6.49%. Equities research analysts forecast that Seven and I Holdings Co. will post 0.77 earnings per share for the current fiscal 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.