Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model NEW YORK (TheStreet) -- J.M. Smucker (NYSE:SJM) hit a new 52-week high Friday as it is currently trading at $83.20, above its previous 52-week high of $81.97 with 211,268 shares traded as of 9:35 a.m. ET. Average volume has been 576,300 shares over the past 30 days. J.M. Smucker has a market cap of $8.48 billion and is part of the consumer goods sector and food & beverage industry. Shares are down 0.4% year to date as of the close of trading on Thursday. The J. M. Smucker Company engages in manufacturing and marketing branded food products primarily in the United States, Canada, and internationally. The company has a P/E ratio of 19.5, above the average food & beverage industry P/E ratio of 18.9 and above the S&P 500 P/E ratio of 17.7.
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