J.M. Smucker Reaches New 52-Week High (SJM)

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 $89.69, above its previous 52-week high of $89.67 with 134,223 shares traded as of 11:40 a.m. ET. Average volume has been 566,200 shares over the past 30 days.

J.M. Smucker has a market cap of $9.72 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 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 20.7, 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 revenue growth, growth in earnings per share, increase in net income, reasonable valuation levels and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full J.M. Smucker Ratings Report.

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