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

Shares of SJM Holdings Ltd. (OTCMKTS:SJMHFGet Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $0.2642, but opened at $0.2364. SJM shares last traded at $0.2364, with a volume of 100 shares traded.

Wall Street Analysts Forecast Growth

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

Get Our Latest Stock Analysis on SJMHF

SJM Price Performance

The stock has a 50-day moving average of $0.26 and a 200 day moving average of $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.

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