SJM Holdings Ltd. (OTCMKTS:SJMHF – Get 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
About SJM
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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