J.M. Smucker (NYSE:SJM) hit a new 52-week high Monday as it changed hands at $72.10 compared with its previous 52-week high of $72.08. J.M. Smucker is currently trading at $72.02 with 322,199 shares changing hands as of 12:06 p.m.
NEW YORK ( TheStreet) -- J.M. Smucker (NYSE: SJM) hit a new 52-week high Monday as it traded at $72.10 compared with its previous 52-Week high of $72.08. J.M. Smucker is changing hands at $72.02 with 322,199 shares traded as of 12:06 p.m. ET. Average volume has been 726,800 shares over the past 30 days. J.M. Smucker has a market cap of $8 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 7.3% year to date as of the close of trading on Friday. 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 16.3, equal to the average food & beverage industry P/E ratio and above the S&P 500 P/E ratio of 15.8.
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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 revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, solid stock price performance 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 or get investment ideas from our investment research center.