J.M. Smucker Rises On Unusually High Volume (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) is trading at unusually high volume Friday with one million shares changing hands. It is currently at two times its average daily volume and trading up $2.98 (+3%) at $101.36 as of 3:56 p.m. ET.

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J.M. Smucker has a market cap of $10.98 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 14.1% 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 21.7, above 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, impressive record of earnings per share growth, increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full J.M. Smucker Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

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