SJM (OTCMKTS:SJMHF) Sees Strong Trading Volume - Here's Why

Key Points

• SJM Holdings Ltd. (OTCMKTS:SJMHF) experienced a substantial increase in trading volume, with approximately 7,000 shares traded, marking a 286% surge compared to the previous session.
• Analysts have set a consensus rating of "Hold" for SJM, with Goldman Sachs and CLSA giving it a neutral and hold rating respectively.
• The company's stock price has seen an increase of 2.0%, with current financial metrics indicating a current ratio of 0.47 and a debt-to-equity ratio of 1.74.

Shares of SJM Holdings Ltd. (OTCMKTS:SJMHF - Get Free Report) saw an uptick in trading volume on Monday . 7,000 shares were traded during trading, an increase of 286% from the previous session's volume of 1,814 shares.The stock last traded at $0.36 and had previously closed at $0.36.

Analysts Set New Price Targets

A number of brokerages recently weighed in on SJMHF. The Goldman Sachs Group reaffirmed a "neutral" rating on shares of SJM in a research report on Wednesday, July 2nd. CLSA raised SJM from an "underperform" rating to a "hold" rating in a research report on Wednesday, September 3rd. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, SJM has a consensus rating of "Hold".

SJM Price Performance

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 stock has a fifty day moving average of $0.38 and a 200 day moving average of $0.33.

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.