SJM Holdings Limited (OTCMKTS:SJMHF - Get Free Report) was the target of a significant decline in short interest in the month of October. As of October 15th, there was short interest totalling 6,715,100 shares, a decline of 66.3% from the September 30th total of 19,924,900 shares. Based on an average daily trading volume, of 2,600 shares, the short-interest ratio is presently 2,582.7 days.
SJM Price Performance
Shares of OTCMKTS SJMHF remained flat at $0.34 during mid-day trading on Friday. SJM has a 12-month low of $0.27 and a 12-month high of $0.41. The stock's 50-day moving average is $0.34 and its 200 day moving average is $0.34. The company has a quick ratio of 0.61, a current ratio of 0.64 and a debt-to-equity ratio of 1.85.
Analysts Set New Price Targets
Separately, Citigroup downgraded SJM from a "strong-buy" rating to a "hold" rating in a report on Thursday, September 26th.
Get Our Latest Stock Analysis on SJMHF
SJM Company Profile
(
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.
Read More
Before you consider SJM, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SJM wasn't on the list.
While SJM currently has a "Reduce" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.