Seven and I (OTCMKTS:SVNDY) Sees Strong Trading Volume – Time to Buy?

Seven and I Holdings Co. (OTCMKTS:SVNDY) shares saw unusually-high trading volume on Thursday . 214,361 shares traded hands during trading, a decline of 8% from the previous session’s volume of 233,364 shares.The stock last traded at $12.62 and had previously closed at $12.72.

Analyst Ratings Changes

Separately, Zacks Research raised shares of Seven and I to a “hold” rating in a research note on Tuesday, June 16th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, Seven and I has a consensus rating of “Hold”.

Seven and I Stock Performance

The company has a current ratio of 0.94, a quick ratio of 0.81 and a debt-to-equity ratio of 0.90. The stock has a market capitalization of $29.24 billion, a PE ratio of 15.18 and a beta of 0.29. The firm’s fifty day moving average is $12.93 and its 200-day moving average is $12.58.

Seven and I (OTCMKTS:SVNDY) last issued its quarterly earnings data on Thursday, July 9th. The company reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.11. The business had revenue of $14.65 billion during the quarter, compared to analysts’ expectations of $14.97 billion. Seven and I had a return on equity of 7.87% and a net margin of 3.03%. As a group, research analysts anticipate that Seven and I Holdings Co. will post 0.83 earnings per share for the current year.

Seven and I Company Profile

Seven & i Holdings Co, Ltd. is a Japanese retail and consumer services company best known as the parent of the 7-Eleven convenience-store business. Through its subsidiaries, the company operates convenience stores offering prepared foods, beverages, groceries, household goods, fuel and everyday services. Its convenience-store operations serve customers in Japan, North America and other international markets.

The company also operates or has operated supermarkets and specialty retail businesses in Japan, including Ito-Yokado stores and other food and merchandise formats.