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

Shares of SJM Holdings Ltd. (OTCMKTS:SJMHFGet Free Report) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $0.23 and last traded at $0.23, with a volume of 100 shares changing hands. The stock had previously closed at $0.2364.

Analysts Set New Price Targets

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

Check Out Our Latest Research Report on SJMHF

SJM Trading Down 2.7%

The business’s 50-day moving average price is $0.26 and its two-hundred day moving average price is $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.

See Also

Receive News & Ratings for SJM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SJM and related companies with MarketBeat.com's FREE daily email newsletter.