SJM (OTCMKTS:SJMHF) Trading Up 9.5% – What’s Next?

SJM Holdings Ltd. (OTCMKTS:SJMHFGet Free Report) shares rose 9.5% during mid-day trading on Wednesday . The stock traded as high as $0.20 and last traded at $0.20. 3,006 shares traded hands during mid-day trading, a decline of 73% from the average daily volume of 11,248 shares. The stock had previously closed at $0.1827.

Analysts Set New Price Targets

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

Get Our Latest Stock Report on SJMHF

SJM Stock Performance

The business has a fifty day moving average of $0.21 and a two-hundred day moving average of $0.26.

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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