707 Cayman Holdings Limited (NASDAQ:JEM – Get Free Report)’s share price was down 5.8% during trading on Tuesday . The stock traded as low as $1.33 and last traded at $1.54. Approximately 3,364,184 shares were traded during trading, an increase of 2,923% from the average daily volume of 111,276 shares. The stock had previously closed at $1.6350.
Analysts Set New Price Targets
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of 707 Cayman in a report on Friday, May 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, 707 Cayman has an average rating of “Sell”.
Get Our Latest Analysis on 707 Cayman
707 Cayman Trading Down 5.8%
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in 707 Cayman stock. Geode Capital Management LLC acquired a new position in 707 Cayman Holdings Limited (NASDAQ:JEM – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,807 shares of the company’s stock, valued at approximately $72,000. Geode Capital Management LLC owned approximately 0.06% of 707 Cayman as of its most recent filing with the Securities and Exchange Commission (SEC).
About 707 Cayman
We are a Hong Kong-based company that sells quality apparel products and provides supply chain management total solutions to our customers spanning from Western Europe, North America to the Middle East. We were founded in 2021 and became wholly-owned by Mr. Cheung, executive director and chief executive officer, in May 2022 and have grown, in a short period of time, building relationships with a diverse range of customers. Our customers include mid-size brand owners and apparel companies that have comprehensive operations with private labels that are sold worldwide.
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