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

SJM Holdings Ltd. (OTCMKTS:SJMHF)’s share price gapped up before the market opened 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 trading hands.

Analyst Ratings Changes

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

SJM Stock Performance

The company’s fifty day simple moving average is $0.26 and its two-hundred day simple moving average is $0.29.

SJM Company Profile

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.