SJM (OTCMKTS:SJMHF) Sees Unusually-High Trading Volume on Analyst Upgrade

Shares of SJM Holdings Ltd. (OTCMKTS:SJMHF) saw an uptick in trading volume on Thursday after CLSA upgraded the stock from an underperform rating to a hold rating. 4,167 shares changed hands during trading, an increase of 178% from the previous session’s volume of 1,497 shares.The stock last traded at $0.35 and had previously closed at $0.38.

Separately, The Goldman Sachs Group reaffirmed a “neutral” rating on shares of SJM in a research note on Wednesday, July 2nd. Three research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold”.

SJM Trading Down 7.4%

The company has a current ratio of 0.47, a quick ratio of 0.45 and a debt-to-equity ratio of 1.74. The business has a fifty day moving average of $0.38 and a 200-day moving average of $0.32.

SJM Company Profile

SJM Holdings Limited, an investment holding company, owns, develops, and operates casinos and related facilities in Macau. The company operates through two segments, Gaming Operations; and Hotel, Catering, Retail and Leasing Operations. The Gaming Operations segment engages in rolling, non-rolling, and electronic game gaming operations.