Seven and I (OTCMKTS:SVNDY) Stock Crosses Above Fifty Day Moving Average – Time to Sell?

Seven and I Holdings Co. (OTCMKTS:SVNDYGet Free Report)’s share price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $11.89 and traded as high as $12.11. Seven and I shares last traded at $12.04, with a volume of 201,975 shares changing hands.

Analysts Set New Price Targets

A number of brokerages have weighed in on SVNDY. Sanford C. Bernstein raised Seven and I to a “hold” rating in a research report on Tuesday, May 26th. Zacks Research raised Seven and I to a “hold” rating in a research report on Tuesday, June 16th. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold”.

Check Out Our Latest Stock Report on SVNDY

Seven and I Stock Performance

The stock’s 50 day simple moving average is $11.89 and its two-hundred day simple moving average is $13.19. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.79 and a quick ratio of 0.67. The company has a market capitalization of $28.66 billion, a P/E ratio of 15.24 and a beta of 0.29.

About Seven and I

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Seven and I Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Seven and I and related companies with MarketBeat.com's FREE daily email newsletter.