J.M. Smucker Company (The) (SJM) has been under a strong bear grip, hence the stock is down -8.74% 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 1.28% in the past 1 week. The stock has risen by 1.79% in the past week indicating that the buyers are active at lower levels, but the stock is down -8.86% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 4.81% and the 50-Day Moving Average is 5.82%.The 200 Day SMA reached 7.17%. The J. M. Smucker Company is up 7.76% in the last 3-month period. Year-to-Date the stock performance stands at 16.46%.
J.M. Smucker Company (The) (NYSE:SJM): After opening at $140.94, the stock dipped to an intraday low of $140.92 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $142.235 and the buying power remained strong till the end. The stock closed at $141.47 for the day, a gain of 0.58% for the day session. The total traded volume was 552,693. The stocks close on the previous trading day was $140.66.
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.