SJM (OTCMKTS:SJMHF) Shares Gap Down - Should You Sell?

Key Points

• SJM Holdings Ltd. (SJMHF) saw its shares gap down from a previous close of $0.43 to an opening of $0.38, with the last trade maintaining at $0.38.
• Recent analyst ratings have shown a shift, as CLSA upgraded SJM from "underperform" to "hold," while Goldman Sachs affirmed its "neutral" rating, resulting in a current consensus rating of "Hold."
• SJM's stock has declined by 11.9%, with key financial metrics indicating a quick ratio of 0.45, a current ratio of 0.47, and a debt-to-equity ratio of 1.74.

SJM Holdings Ltd. (OTCMKTS:SJMHF - Get Free Report) shares gapped down prior to trading on Wednesday . The stock had previously closed at $0.43, but opened at $0.38. SJM shares last traded at $0.38, with a volume of 466 shares traded.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on SJMHF shares. The Goldman Sachs Group reissued 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 investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of "Hold".

SJM Stock Performance

The company has a debt-to-equity ratio of 1.74, a quick ratio of 0.45 and a current ratio of 0.47. The business's 50 day moving average is $0.38 and its two-hundred day moving average is $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.