Seven and I (OTCMKTS:SVNDY) Share Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Seven and I Holdings Co. (OTCMKTS:SVNDYGet Free Report)’s share price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $12.38 and traded as low as $11.53. Seven and I shares last traded at $11.62, with a volume of 519,856 shares.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein upgraded shares of Seven and I to a “hold” rating in a research report on Tuesday, May 26th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Read Our Latest Report on Seven and I

Seven and I Stock Performance

The firm’s 50-day moving average is $12.38 and its 200 day moving average is $13.41. The stock has a market cap of $27.66 billion, a PE ratio of 14.71 and a beta of 0.31. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.67 and a current ratio of 0.79.

About Seven and I

(Get Free Report)

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.

Further Reading

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