SJM (OTCMKTS:SJMHF) Reaches New 12-Month Low – What’s Next?

SJM Holdings Ltd. (OTCMKTS:SJMHFGet Free Report)’s stock price hit a new 52-week low on Monday . The company traded as low as $0.19 and last traded at $0.19, with a volume of 28000 shares traded. The stock had previously closed at $0.23.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of SJM to a “hold” rating in a research note on Monday, May 11th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold”.

View Our Latest Research Report on SJMHF

SJM Trading Down 17.4%

The company has a 50-day moving average price of $0.24 and a two-hundred day moving average price of $0.27.

SJM Company Profile

(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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