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

NEW YORK ( TheStreet) -- J.M. Smucker (NYSE: SJM) hit a new 52-week high Thursday as it is currently trading at $105.43, above its previous 52-week high of $105.18 with 16,390 shares traded as of 9:35 a.m. ET. Average volume has been 575,700 shares over the past 30 days.

J.M. Smucker has a market cap of $11.09 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 21.2% year to date as of the close of trading on Wednesday.

The J. M. Smucker Company engages in manufacturing and marketing branded food products worldwide. The company operates through three segments: U.S. Retail Coffee; U.S. Retail Consumer Foods; and International, Foodservice, and Natural Foods.

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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 impressive record of earnings per share growth, compelling growth in net income, expanding profit margins, solid stock price performance 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.

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