SJM (OTCMKTS:SJMHF) Sets New 1-Year Low – Here’s Why

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 trading hands. The stock had previously closed at $0.25.

Analyst Ratings Changes

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

Read Our Latest Analysis on SJM

SJM Stock Performance

The company has a 50-day simple moving average of $0.26 and a two-hundred day simple moving average of $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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