SJM (OTCMKTS:SJMHF) Shares Gap Down – Should You Sell?

SJM Holdings Ltd. (OTCMKTS:SJMHFGet Free Report)’s share price 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.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded SJM to a “hold” rating in a research note on Monday, May 11th. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

Read Our Latest Research Report on SJMHF

SJM Stock Down 2.7%

The stock has a 50 day moving average price of $0.26 and a two-hundred day moving average price 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.

Further Reading

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.