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SJM (OTCMKTS:SJMHF) Trading 14.9% Higher - Time to Buy?

SJM logo with Consumer Discretionary background

Key Points

  • SJM Holdings Ltd. (OTCMKTS:SJMHF) experienced a significant stock increase of 14.9%, reaching a trading price of $0.39, with a surge in trading volume by 96%.
  • Goldman Sachs has maintained a "neutral" rating on SJM shares, reflecting cautious optimism amidst the company's stock performance.
  • SJM Holdings operates casinos and related facilities in Macau, split into Gaming Operations and Hotel, Catering, Retail, and Leasing Operations segments.
  • MarketBeat previews top five stocks to own in August.
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SJM Holdings Ltd. (OTCMKTS:SJMHF - Get Free Report)'s stock price traded up 14.9% during trading on Friday . The stock traded as high as $0.39 and last traded at $0.39. 100 shares were traded during mid-day trading, an increase of 96% from the average session volume of 51 shares. The stock had previously closed at $0.34.

Analysts Set New Price Targets

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

Check Out Our Latest Research Report on SJMHF

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 company has a 50-day moving average price of $0.33 and a 200-day moving average price of $0.31.

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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