SJM (OTCMKTS:SJMHF) Stock Price Passes Below 200 Day Moving Average – Time to Sell?

SJM Holdings Ltd. (OTCMKTS:SJMHFGet Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.29 and traded as low as $0.2362. SJM shares last traded at $0.2362, with a volume of 1,000 shares changing hands.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of SJM to a “hold” rating in a report on Monday, May 11th. Three analysts have rated the stock with a Hold rating, According to MarketBeat.com, SJM presently has a consensus rating of “Hold”.

Check Out Our Latest Stock Report on SJMHF

SJM Stock Performance

The stock’s 50-day moving average price is $0.26 and its 200 day moving average price is $0.29.

About SJM

(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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