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

SJM Holdings Ltd. (OTCMKTS:SJMHFGet Free Report)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $0.25, but opened at $0.2399. SJM shares last traded at $0.2399, with a volume of 2,000 shares traded.

Analyst Ratings Changes

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

Read Our Latest Research Report on SJM

SJM Stock Performance

The business has a 50-day moving average of $0.27 and a 200 day moving average of $0.30.

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.

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