SJM (OTCMKTS:SJMHF) Hits New 1-Year Low – What’s Next?

Shares of SJM Holdings Ltd. (OTCMKTS:SJMHFGet Free Report) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $0.2353 and last traded at $0.2353, with a volume of 3376 shares changing hands. The stock had previously closed at $0.25.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of SJM to a “hold” rating in a research report on Monday, May 11th. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold”.

Read Our Latest Stock Analysis on SJMHF

SJM Trading Down 1.9%

The firm’s 50-day moving average price is $0.26 and its 200-day moving average price is $0.30.

About SJM

(Get Free Report)

The J. M. Smucker Company (OTCMKTS:SJMHF) is a U.S.-based manufacturer and marketer of branded food and beverage products. Its core offerings include fruit spreads, peanut butters, packaged coffees, and other shelf-stable foods sold under well-known brand names such as Smucker’s®, Jif®, and Folgers®. In addition to its food portfolio, Smucker maintains a significant presence in the pet food and pet treat category with brands like Milk-Bone®, Meow Mix®, and 9Lives®.

Founded in 1897 by Jerome Monroe Smucker in Orrville, Ohio, the company began as a local producer of apple butter.

Further Reading

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