SJM (OTCMKTS:SJMHF) Shares Gap Up - Should You Buy?

Key Points

• SJM Holdings Ltd. shares experienced a price increase from $0.36 to $0.38, indicating a positive market response ahead of trading.
• Analysts have upgraded the stock's rating from "underperform" to "hold", while the consensus rating remains a "hold" according to MarketBeat data.
• The company's financial ratios indicate a relatively high debt-to-equity ratio of 1.74, suggesting concerns regarding leverage and liquidity.

SJM Holdings Ltd. (OTCMKTS:SJMHF - Get Free Report)'s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $0.36, but opened at $0.38. SJM shares last traded at $0.36, with a volume of 10,165 shares traded.

Analyst Ratings Changes

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

SJM Price Performance

The company has a debt-to-equity ratio of 1.74, a current ratio of 0.47 and a quick ratio of 0.45. The company has a fifty day moving average price of $0.38 and a two-hundred day moving average price of $0.33.

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.