SJM (OTCMKTS:SJMHF) Hits New 52-Week Low – Time to Sell?

SJM Holdings Ltd. (OTCMKTS:SJMHFGet Free Report) hit a new 52-week low on Tuesday . The company traded as low as $0.1827 and last traded at $0.1827, with a volume of 2999 shares traded. The stock had previously closed at $0.19.

Wall Street Analysts Forecast Growth

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

Read Our Latest Analysis on SJM

SJM Stock Performance

The business has a 50 day moving average of $0.23 and a 200-day moving average of $0.27.

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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