SJM (OTCMKTS:SJMHF) Shares Gap Up – Time to Buy?

SJM Holdings Ltd. (OTCMKTS:SJMHFGet Free Report) gapped up prior to trading on Monday . The stock had previously closed at $0.2353, but opened at $0.2516. SJM shares last traded at $0.2516, with a volume of 753 shares traded.

Wall Street Analyst Weigh In

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

Get Our Latest Stock Report on SJMHF

SJM Stock Performance

The stock’s 50-day moving average is $0.26 and its 200-day moving average is $0.29.

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.

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