Seven and I (OTCMKTS:SVNDY) Shares Cross Below 50-Day Moving Average – Should You Sell?

Seven and I Holdings Co. (OTCMKTS:SVNDY) shares passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $13.50 and traded as low as $13.30. Seven and I shares last traded at $13.53, with a volume of 161,843 shares.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group raised shares of Seven and I to a “hold” rating in a research report on Tuesday, September 9th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Seven and I presently has a consensus rating of “Hold”.

Seven and I Trading Up 0.7%

The stock has a market capitalization of $35.24 billion, a price-to-earnings ratio of 26.53 and a beta of 0.47. 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 business’s 50-day simple moving average is $13.50 and its two-hundred day simple moving average is $14.38.

Seven and I (OTCMKTS:SVNDY) last announced 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. The firm had revenue of $18.96 billion for the quarter, compared to analysts’ expectations of $18.81 billion. Seven and I had a net margin of 1.65% and a return on equity of 6.49%. On average, research analysts anticipate that Seven and I Holdings Co. will post 0.77 earnings per share for the current fiscal year.

Seven and I Company Profile

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.