SJM (OTCMKTS:SJMHF) Stock Crosses Below 200-Day Moving Average – Here’s Why

SJM Holdings Ltd. (OTCMKTS:SJMHFGet Free Report) 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 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 MarketBeat, SJM currently has an average rating of “Hold”.

Get Our Latest Stock Analysis on SJM

SJM Trading Up 0.4%

The business has a fifty day moving average of $0.26 and a 200-day moving average of $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.

Recommended Stories

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.