Scotts Miracle-Gro Company (The) (SMG) Moves Higher on Volume Spike for January 01

Equities Staff  |

Scotts Miracle-Gro Company (The) (SMG) traded on unusually high volume on Jan. 01, as the stock gained 1.93% to close at $106.99. On the day, Scotts Miracle-Gro Company (The) saw 637,514 shares trade hands on 5,498 trades. Considering that the stock averages only a daily volume of 375,931 shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $108.04 and $81.48 over the last 52-weeks, its 50-day SMA is now $99.97, and its 200-day SMA $93.96. Scotts Miracle-Gro Company (The) has a P/B ratio of 9.48. It also has a P/E ratio of 29.4.

The Scotts Miracle Gro Co is operative in the agricultural industry. It manufactures and sells dry, granular slow-release lawn fertilizers, combination lawn fertilizer and control products.

Headquartered in Marysville, OH, Scotts Miracle-Gro Company (The) has 4,700 employees and is currently under the leadership of CEO James Hagedorn.

For a complete fundamental analysis analysis of Scotts Miracle-Gro Company (The), check out’s Stock Valuation Analysis report for SMG.

Want to invest with the experts? Subscribe to Equities Premium newsletters today! Visit to learn more about Guild Investment’s Market Commentary and Adam Sarhan’s Find Leading Stocks today.

To get more information on Scotts Miracle-Gro Company (The) and to follow the company’s latest updates, you can visit the company’s profile page here: SMG’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


Market Movers