SJM (OTCMKTS:SJMHF) Raised to "Hold" at CLSA

Key Points

• SJM Holdings Limited has been upgraded from an "underperform" rating to a "hold" rating by CLSA, indicating a more cautious view of the stock's future performance.
• The stock currently has an average rating of "Hold" from three analysts, while Goldman Sachs has maintained a "neutral" rating for the shares.
• SJM's stock price is stable at $0.43, with a 12-month range between a low of $0.27 and a high of $0.43.

SJM (OTCMKTS:SJMHF - Get Free Report) was upgraded by equities research analysts at CLSA from an "underperform" rating to a "hold" rating in a research report issued to clients and investors on Wednesday,Briefing.com Automated Import reports.

Separately, The Goldman Sachs Group reissued a "neutral" rating on shares of SJM in a report on Wednesday, July 2nd. Three analysts have rated the stock with a Hold rating, According to MarketBeat, the stock presently has an average rating of "Hold".

SJM Price Performance

Shares of SJMHF remained flat at $0.43 during mid-day trading on Wednesday. The company has a current ratio of 0.47, a quick ratio of 0.45 and a debt-to-equity ratio of 1.74. SJM has a 12-month low of $0.27 and a 12-month high of $0.43. The business has a 50 day moving average price of $0.37 and a 200-day moving average price of $0.32.

About SJM

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.

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