J.M. Smucker Rises On Unusually High Volume (SJM)

NEW YORK ( TheStreet) -- J.M. Smucker (NYSE: SJM) is trading at unusually high volume Friday with 2.6 million shares changing hands. It is currently at 4.1 times its average daily volume and trading up $1.53 (+2.1%) at $73.13 as of 3:50 p.m. ET.

J.M. Smucker has a market cap of $9.18 billion and is part of the consumer goods sector and food & beverage industry. Shares are down 8.4% year to date as of the close of trading on Thursday.

The J. M. Smucker Company engages in manufacturing and marketing branded food products in the United States, Canada, and internationally. The company has a P/E ratio of 16.7, below the average food & beverage industry P/E ratio of 20.1 and below the S&P 500 P/E ratio of 17.7.

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.

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