Seven and I (OTCMKTS:SVNDY) Shares Gap Down – Time to Sell?

Seven and I Holdings Co. (OTCMKTS:SVNDY) gapped down prior to trading on Wednesday . The stock had previously closed at $12.67, but opened at $11.96. Seven and I shares last traded at $12.32, with a volume of 6,626 shares changing hands.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on SVNDY. Sanford C. Bernstein upgraded shares of Seven and I to a “hold” rating in a research note on Tuesday, May 26th. Zacks Research raised Seven and I to a “hold” rating in a report on Tuesday, June 16th. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Seven and I Stock Performance

The stock has a fifty day moving average price of $11.91 and a two-hundred day moving average price of $13.15. The company has a market cap of $29.47 billion, a P/E ratio of 15.67 and a beta of 0.30. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.79 and a quick ratio of 0.67.

Seven and I Company Profile

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.