Zacks Research upgraded shares of SJM (OTCMKTS:SJMHF – Free Report) to a hold rating in a research report report published on Monday,Zacks.com reports.
SJM Price Performance
SJM stock opened at $0.25 on Monday. The firm has a 50 day simple moving average of $0.27 and a 200-day simple moving average of $0.30. SJM has a 1-year low of $0.25 and a 1-year high of $0.43.
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.
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