NEW YORK (

TheStreet

) --

J.M. Smucker

(NYSE:

SJM

) hit a new 52-week high Friday as it is currently trading at $78.41, above its previous 52-week high of $78.36 with 208,245 shares traded as of 11:02 a.m. ET. Average volume has been 589,000 shares over the past 30 days.

J.M. Smucker has a market cap of $8.9 billion and is part of the

consumer goods

sector and

food & beverage

industry. Shares are up 17.8% year to date as of the close of trading on Thursday.

The J. M. Smucker Company engages in the manufacture and marketing of branded food products in the United States and internationally. The company has a P/E ratio of 18, equal to the average food & beverage industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates J.M. Smucker as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

J.M. Smucker Ratings Report

.

See all

52-week high stocks

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