Shares of J.M. Smucker Company (The) (SJM) Sees Large Outflow of Money

J.M. Smucker Company (The) (SJM) : Net money flow in J.M. Smucker Company (The) (SJM) was negative ($2.81 million) and the inflow of money on uptick was $7.82 million, whereas, the outflow of money on downticks amounted to $10.64 million on Thursday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.74. The block trades show that the large investors, were aggressive sellers in the stock. On the other hand, the total value of block trades done on downticks was $2.25 million. The money flow in block trades was negative ($2.25). J.M. Smucker Company (The) (SJM) gained $0.22 cent during the day and reached $152.9, a gain of 0.14% over the previous day.


The stock has recorded a 20-day Moving Average of 1.65% and the 50-Day Moving Average is 9.5%. Shares have rallied 41.19% 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 $141.55 and the 200 Day Moving Average price is recorded at $130.48.

J.M. Smucker Company (The) (NYSE:SJM): The stock opened at $152.60 on Thursday but the bulls could not build on the opening and the stock topped out at $153.30 for the day. The stock traded down to $150.88 during the day, due to lack of any buying support eventually closed down at $151.50 with a loss of -0.77% for the day. The stock had closed at $152.68 on the previous day. The total traded volume was 1,443,256 shares.

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.

Comments (0)

Leave a Reply

Your email address will not be published.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