Seven Bank (OTCMKTS:SVNBY) Sets New 1-Year High – Still a Buy?

Seven Bank, Ltd. (OTCMKTS:SVNBYGet Free Report)’s share price reached a new 52-week high on Friday . The stock traded as high as $21.0950 and last traded at $21.0950, with a volume of 231 shares traded. The stock had previously closed at $14.95.

Seven Bank Stock Performance

The stock has a 50 day moving average price of $15.63 and a 200-day moving average price of $18.46.

About Seven Bank

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Seven Bank, Inc, headquartered in Tokyo, is a Japanese banking institution established in 2001 as a subsidiary of Seven & i Holdings Co, Ltd. The company was created to leverage the extensive convenience‐store network of its parent group, providing accessible financial services to both retail customers and corporate clients. Since its inception, Seven Bank has positioned itself as a pioneer of convenient, round‐the‐clock banking in Japan.

The core of Seven Bank’s business is its ubiquitous ATM network, which is located primarily in 7-Eleven stores nationwide.

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