SJM (OTCMKTS:SJMHF) Shares Gap Up – Here’s Why

SJM Holdings Ltd. (OTCMKTS:SJMHFGet Free Report)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $0.1827, but opened at $0.1996. SJM shares last traded at $0.1996, with a volume of 37,000 shares.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Research Report on SJM

SJM Stock Up 0.2%

The company has a fifty day simple moving average of $0.21 and a two-hundred day simple moving average of $0.26.

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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