SJM (OTCMKTS:SJMHF) Shares Gap Down – What’s Next?

SJM Holdings Ltd. (OTCMKTS:SJMHFGet Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $0.25, but opened at $0.2399. SJM shares last traded at $0.2399, with a volume of 2,000 shares.

Wall Street Analyst Weigh In

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

Get Our Latest Stock Report on SJM

SJM Price Performance

The company’s 50-day simple moving average is $0.27 and its two-hundred day simple moving average is $0.30.

About SJM

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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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