J.M. Smucker Company (The) (SJM) has been under a strong bear grip, hence the stock is down -9.54% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.27% in the past 1 week. The stock has risen by 0.81% in the past week indicating that the buyers are active at lower levels, but the stock is down -11.37% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 3.59% and the 50-Day Moving Average is 7.68%.The 200 Day SMA reached 3.1% The J. M. Smucker Company has dropped 4.85% during the last 3-month period . Year-to-Date the stock performance stands at 12.81%.
J.M. Smucker Company (The) (SJM) : The highest level J.M. Smucker Company (The) (SJM) is projected to reach is $162 for the short term and the lowest estimate is at $123. The consolidated price target from 5 rating analysts who initiate coverage on the stock is $143 and the possibility the share price can swing is $13.84.
Company shares have received an average consensus rating of Hold for the current week J.M. Smucker Company (The) (NYSE:SJM): stock was range-bound between the intraday low of $135.92 and the intraday high of $137.26 after having opened at $137.09 on Fridays session. The stock finally closed in the red at $137.09, a loss of -0.47%. The stock remained in the red for the whole trading day. The total traded volume was 1,479,422 shares. The stock failed to cross $137.26 in Fridays trading. The stocks closing price on Thursday was $137.68.
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.