707 Cayman (NASDAQ:JEM) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of 707 Cayman (NASDAQ:JEM) to a hold rating in a research note issued to investors on Saturday morning.

Separately, Weiss Ratings lowered shares of 707 Cayman from a “sell (d-)” rating to a “sell (e+)” rating in a report on Thursday. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, 707 Cayman has an average rating of “Sell”.

707 Cayman Stock Performance

707 Cayman stock opened at $5.85 on Friday. The stock’s fifty day moving average price is $19.03 and its two-hundred day moving average price is $24.57. 707 Cayman has a one year low of $3.40 and a one year high of $1,620.00.

Insider Transactions at 707 Cayman

In related news, major shareholder Financial Lp Hrt acquired 125,911 shares of the stock in a transaction that occurred on Thursday, July 9th. The stock was acquired at an average cost of $1.07 per share, for a total transaction of $134,724.77. Following the transaction, the insider directly owned 186,419 shares in the company, valued at $199,468.33. This trade represents a 208.09% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last ninety days, insiders have purchased 147,842 shares of company stock worth $456,127 and have sold 61,812 shares worth $185,017.

Institutional Trading of 707 Cayman

An institutional investor recently bought a new stake in 707 Cayman stock. Geode Capital Management LLC purchased a new stake in 707 Cayman Holdings Limited (NASDAQ:JEM) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 13,807 shares of the company’s stock, valued at approximately $72,000. Geode Capital Management LLC owned about 0.06% of 707 Cayman as of its most recent filing with the Securities and Exchange Commission.

707 Cayman Company Profile

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.