SJM (OTCMKTS:SJMHF – Get Rating) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Thursday, Zacks.com 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. “
OTCMKTS SJMHF opened at $0.38 on Thursday. The stock’s 50 day moving average price is $0.46 and its two-hundred day moving average price is $0.61. SJM has a 52 week low of $0.38 and a 52 week high of $1.23.
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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