SJM HOLDINGS LT/ADR (OTCMKTS:SJMHY) Downgraded by Daiwa Capital Markets

Daiwa Capital Markets downgraded shares of SJM HOLDINGS LT/ADR (OTCMKTS:SJMHY) from an outperform rating to a neutral rating in a research note issued to investors on Friday, The Fly reports.

Shares of SJM HOLDINGS LT/ADR stock opened at $5.38 on Friday. The company has a 50-day simple moving average of $4.39 and a two-hundred day simple moving average of $4.20. SJM HOLDINGS LT/ADR has a one year low of $3.69 and a one year high of $5.38.

About SJM HOLDINGS LT/ADR

SJM Holdings Limited, an investment holding company, develops and operates casinos and related facilities in Macau Special Administrative Region, the People's Republic of China. It operates in two segments, Gaming Operations; and Hotel, Catering and Retail Operations. The Gaming Operations segment engages in VIP gaming, mass market table gaming, slot machine, and other gaming operations.

See Also: How to calculate the annual rate of depreciation

The Fly

Receive News & Ratings for SJM HOLDINGS LT/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SJM HOLDINGS LT/ADR and related companies with MarketBeat.com's FREE daily email newsletter.