Seven and I (OTCMKTS:SVNDY) Sees Unusually-High Trading Volume – Still a Buy?

Seven and I Holdings Co. (OTCMKTS:SVNDY) saw strong trading volume on Thursday . 191,051 shares were traded during trading, a decline of 26% from the previous session’s volume of 259,043 shares.The stock last traded at $12.62 and had previously closed at $12.74.

Analyst Upgrades and Downgrades

SVNDY has been the topic of several recent research reports. Zacks Research raised Seven and I to a “hold” rating in a report on Tuesday, June 16th. Sanford C. Bernstein upgraded shares of Seven and I to a “hold” rating in a research report on Tuesday, May 26th. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold”.

Seven and I Stock Performance

The firm has a market capitalization of $29.95 billion, a PE ratio of 15.16 and a beta of 0.30. The business has a 50-day simple moving average of $12.07 and a 200-day simple moving average of $13.03. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.94 and a quick ratio of 0.67.

Seven and I (OTCMKTS:SVNDY) last released its earnings results on Thursday, July 9th. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.11. Seven and I had a return on equity of 7.87% and a net margin of 3.03%.The firm had revenue of $14.65 billion for the quarter, compared to the consensus estimate of $14.97 billion. Equities research analysts expect 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. 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.