SJM (OTCMKTS:SJMHF) Shares Gap Down – Time to Sell?

SJM Holdings Ltd. (OTCMKTS:SJMHF) gapped down before the market opened on Monday . The stock had previously closed at $0.3239, but opened at $0.2952. SJM shares last traded at $0.2952, with a volume of 1,400 shares changing hands.

Wall Street Analyst Weigh In

Separately, CLSA raised shares of SJM from an “underperform” rating to a “hold” rating in a report on Wednesday, September 3rd. Two analysts have rated the stock with a Hold rating, According to MarketBeat, SJM presently has a consensus rating of “Hold”.

SJM Stock Down 3.2%

The company’s 50-day moving average is $0.34 and its two-hundred day moving average is $0.36. The company has a current ratio of 0.26, a quick ratio of 0.25 and a debt-to-equity ratio of 1.31.

SJM Company Profile

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.