SJM (OTCMKTS:SJMHF) Reaches New 12-Month Low – What’s Next?

SJM Holdings Ltd. (OTCMKTS:SJMHFGet Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as $0.2563 and last traded at $0.2563, with a volume of 5000 shares trading hands. The stock had previously closed at $0.2590.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised SJM to a “hold” rating in a research report on Monday. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Get Our Latest Research Report on SJMHF

SJM Stock Performance

The company has a 50 day moving average price of $0.27 and a 200 day moving average price of $0.30.

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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