SJM (OTCMKTS:SJMHF) Shares Gap Up - Still a Buy?

Key Points

• SJM Holdings Ltd. shares experienced a gap up, opening at $0.39 after closing at $0.34, with a trading volume of 100 shares.
• Goldman Sachs recently maintained a "neutral" rating on SJM shares, indicating cautious optimism within Wall Street analysts.
• The company's financial metrics show a debt-to-equity ratio of 1.74 and a current ratio of 0.47, suggesting potential liquidity concerns.

Shares of SJM Holdings Ltd. (OTCMKTS:SJMHF - Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $0.34, but opened at $0.39. SJM shares last traded at $0.39, with a volume of 100 shares.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group reiterated a "neutral" rating on shares of SJM in a research note on Wednesday, July 2nd.

SJM Price Performance

The business's 50-day simple moving average is $0.32 and its two-hundred day simple moving average is $0.31. The company has a debt-to-equity ratio of 1.74, a current ratio of 0.47 and a quick ratio of 0.45.

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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