Large Outflow of Money Witnessed in J.M. Smucker Company (The)

J.M. Smucker Company (The) (SJM): The stock had negative money flow to the tune of ($2.33 million) on Wednesday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $12.65 million, whereas, the outflow of money on downticks was $14.98 million and the ratio between the two was 0.84. The block trade had a negative net money flow of ($1.63 million). On the other hand, downticks amounted to $1.63 million of the traded value, which shows distribution in the stock by traders. J.M. Smucker Company (The) (SJM) closed with marginal gains of 29 cents to end the day at $133.94, an increase of 0.22% over the previous days close. The stock recorded -2.36% for the week.


The J. M. Smucker Company has lost 1.18% in the last five trading days and dropped 4.78% in the last 4 weeks. The J. M. Smucker Company has dropped 9.21% during the last 3-month period . Year-to-Date the stock performance stands at 10.91%.

J.M. Smucker Company (The) (SJM) : 12 analysts are covering J.M. Smucker Company (The) (SJM) and their average rating on the stock is 2.67, which is read as a Hold. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 10 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

J.M. Smucker Company (The) (NYSE:SJM): The stock opened at $133.19 and touched an intraday high of $134.79 on Wednesday. During the day, the stock corrected to an intraday low of $133, however, the bulls stepped in and pushed the price higher to close in the green at $134.72 with a gain of 0.80% for the day. The total traded volume for the day was 1,089,928. The stock had closed at $133.65 in the previous trading session.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *