Seven and I (OTCMKTS:SVNDY) Shares Gap Up – Here’s Why

Seven and I Holdings Co. (OTCMKTS:SVNDY) gapped up prior to trading on Monday . The stock had previously closed at $14.23, but opened at $14.70. Seven and I shares last traded at $14.2110, with a volume of 4,764 shares trading hands.

Seven and I Trading Down 1.2%

The company has a market cap of $37.09 billion, a price-to-earnings ratio of 17.58 and a beta of 0.46. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.81 and a quick ratio of 0.71. The business’s 50-day simple moving average is $14.45 and its 200-day simple moving average is $13.69.

Seven and I (OTCMKTS:SVNDY) last issued its quarterly earnings data on Thursday, January 8th. The company reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.02. Seven and I had a net margin of 2.79% and a return on equity of 5.90%. The business had revenue of $15.54 billion during the quarter, compared to analysts’ expectations of $15.73 billion. Research analysts predict 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.