Seven & i (OTC:SVNDF) Shares Down 16.8% – Here’s Why

Seven & i Holdings Co., Ltd. (OTC:SVNDFGet Free Report) shares were down 16.8% during mid-day trading on Wednesday . The stock traded as low as $14.57 and last traded at $14.57. Approximately 2,178 shares were traded during mid-day trading, a decline of 67% from the average daily volume of 6,668 shares. The stock had previously closed at $17.51.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. cut Seven & i from an “overweight” rating to a “neutral” rating in a report on Thursday, November 21st.

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Seven & i Stock Performance

The stock’s fifty day moving average is $17.00 and its 200-day moving average is $14.95.

About Seven & i

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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.

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