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

J.M. Smucker Company (The) (SJM) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (8.05 million) in J.M. Smucker Company (The) (SJM). On Friday, The value of composite uptick trades was $16.3 million, whereas, the value of composite downtick trades was $24.35 million and the ratio between the two was 0.67, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $8.69 million. The negative money flow of ($8.69 million) shows selling on strength. J.M. Smucker Company (The) (SJM) gained $0.81 intraday at $141.47 and registrered 0.58% for the week.


The company Insiders own 3.5% of J.M. Smucker Company (The) shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -6.58% . Institutional Investors own 76.13% of J.M. Smucker Company (The) shares. During last six month period, the net percent change held by insiders has seen a change of -6.51%.

In a related news, The Securities and Exchange Commission has divulged that West David J, Director of J M SMUCKER Co, had unloaded 865 shares at an average price of $145.65 in a transaction dated on June 24, 2016. The total value of the transaction was worth $125,987.

J.M. Smucker Company (The) (NYSE:SJM): The stock opened at $140.94 and touched an intraday high of $142.235 on Friday. During the day, the stock corrected to an intraday low of $140.92, however, the bulls stepped in and pushed the price higher to close in the green at $141.47 with a gain of 0.58% for the day. The total traded volume for the day was 552,693. The stock had closed at $140.66 in the previous trading session.

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 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.

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