SJM (OTCMKTS:SJMHF) Upgraded by Zacks Investment Research to Hold

SJM (OTCMKTS:SJMHFGet Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Saturday, reports.

According to Zacks, “SJM Holdings Limited engages in the development and operation of casinos and related facilities in Macau. Its gaming operations are comprised of VIP table gaming, Mass Market table gaming and slot machines. The Company also engages in in the operation of hotels and property holding business. SJM Holdings Limited is based in Central, Hong Kong. “

Shares of SJMHF stock opened at $0.49 on Friday. SJM has a 12-month low of $0.38 and a 12-month high of $1.35. The business has a 50 day simple moving average of $0.54 and a 200 day simple moving average of $0.65.

SJM Company Profile (Get Rating)

SJM Holdings Limited, an investment holding company, develops and operates casinos and related facilities in Macau, Hong Kong, and internationally. It operates through Gaming Operations; and Hotel, Catering and Retail Operations segments. The Gaming Operations segment engages in the VIP gaming, mass market table gaming, slot machine, and other gaming operations, as well as operates satellite casinos.

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