SJM (OTCMKTS:SJMHF) Reaches New 1-Year Low – Time to Sell?

SJM Holdings Ltd. (OTCMKTS:SJMHFGet Free Report) shares hit a new 52-week low during mid-day 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.

SJM Stock Performance

The business has a 50-day moving average price of $0.28 and a 200 day moving average price of $0.31.

SJM Company Profile

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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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