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SJM (OTCMKTS:SJMHF) Stock Price Crosses Above 200-Day Moving Average - Time to Sell?

SJM logo with Consumer Discretionary background

Key Points

  • SJM Holdings Ltd. stock price has crossed above its 200-day moving average of $0.33, reaching a trading high of $0.36 with a volume of 7,000 shares.
  • The stock currently holds a consensus rating of "Hold", with recent analyst reports from Goldman Sachs reissuing a neutral rating and CLSA upgrading the stock from "underperform" to "hold."
  • SJM operates in the casino industry in Macau and engages in various gaming operations, along with associated hotel and retail services.
  • Interested in SJM? Here are five stocks we like better.

SJM Holdings Ltd. (OTCMKTS:SJMHF - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.33 and traded as high as $0.36. SJM shares last traded at $0.36, with a volume of 7,000 shares traded.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Stock Report on SJM

SJM Stock Performance

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

About SJM

(Get Free Report)

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.

See Also

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