707 Cayman (NASDAQ:JEM) Trading 0.2% Higher – Here’s Why

707 Cayman Holdings Limited (NASDAQ:JEM) traded up 0.2% on Tuesday . The stock traded as high as $0.30 and last traded at $0.2979. 259,448 shares were traded during trading, a decline of 94% from the average session volume of 4,209,113 shares. The stock had previously closed at $0.2973.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e-)” rating on shares of 707 Cayman in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

707 Cayman Trading Up 0.2%

The firm’s 50-day simple moving average is $0.39.

Hedge Funds Weigh In On 707 Cayman

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) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 13,807 shares of the company’s stock, valued at approximately $72,000. Geode Capital Management LLC owned 0.06% of 707 Cayman as of its most recent SEC filing.

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.