J.M. Smucker Company (The) (NYSE:SJM) : Traders are bullish on J.M. Smucker Company (The) (NYSE:SJM) as it has outperformed the S&P 500 by a wide margin of 5.13% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.32%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.61% in the last 1 week, and is up 6.82% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 41.75% from its 1 Year high price. On Jul 7, 2016, the shares registered one year high at $154.71 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $140.76 and the 200 Day Moving Average price is recorded at $130.17.
The stock has recorded a 20-day Moving Average of 4.64% and the 50-Day Moving Average is 13.06%.
J.M. Smucker Company (The) (NYSE:SJM): stock turned positive on Friday. Though the stock opened at $153.54, the bulls momentum made the stock top out at $154.48 level for the day. The stock recorded a low of $152.84 and closed the trading day at $154.08, in the green by 0.57%. The total traded volume for the day was 883,656. The stock had closed at $153.21 in the previous days trading.
In an insider trading activity, West David J, Director of J M SMUCKER Co, unloaded 865 shares at an average price of $145.65 on June 24, 2016. The total amount of the transaction was worth $125,987, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
The J. M. Smucker Company is a manufacturer and marketer of consumer food and beverage products and pet food and pet snacks in North America. The Company has four segments: U.S. Retail Coffee, U.S. Retail Consumer Foods, U.S. Retail Pet Foods, and International, Foodservice and Natural Foods. The Companys U.S. retail market segments consist of the sale of branded food products to consumers through retail outlets in North America. The Companys International, Foodservice and Natural Foods segment represents sales outside of the U.S. retail market segments. The Companys principal consumer food and beverage products are coffee, peanut butter, fruit spreads, shortening and oils, baking mixes and ready-to-spread frostings, canned milk, flour and baking ingredients, juices and beverages, frozen sandwiches, toppings, syrups, pickles, condiments, grain products and nut mix products. The Companys pet products consist of dry and wet dog food, dry and wet cat food, dog snacks and cat snacks.