Shares of Seneca Foods Corp. (NASDAQ:SENEA - Get Free Report) saw unusually-high trading volume on Monday . Approximately 33,609 shares traded hands during trading, an increase of 11% from the previous session's volume of 30,407 shares.The stock last traded at $99.52 and had previously closed at $100.60.
Wall Street Analyst Weigh In
Separately, Wall Street Zen lowered shares of Seneca Foods from a "buy" rating to a "hold" rating in a research report on Tuesday, April 29th.
Read Our Latest Research Report on Seneca Foods
Seneca Foods Trading Up 0.8%
The company has a quick ratio of 0.71, a current ratio of 3.52 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $733.96 million, a PE ratio of 18.09 and a beta of 0.42. The stock's fifty day simple moving average is $92.45 and its 200 day simple moving average is $84.73.
Seneca Foods (NASDAQ:SENEA - Get Free Report) last posted its quarterly earnings data on Thursday, June 12th. The company reported $1.37 EPS for the quarter. The firm had revenue of $345.84 million during the quarter. Seneca Foods had a return on equity of 11.03% and a net margin of 2.61%.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the stock. Envestnet Asset Management Inc. raised its position in shares of Seneca Foods by 2.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 5,578 shares of the company's stock valued at $442,000 after purchasing an additional 129 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Seneca Foods by 5.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,813 shares of the company's stock worth $250,000 after buying an additional 156 shares in the last quarter. Royal Bank of Canada raised its holdings in Seneca Foods by 5.2% during the first quarter. Royal Bank of Canada now owns 7,738 shares of the company's stock valued at $690,000 after acquiring an additional 384 shares during the period. Money Concepts Capital Corp raised its holdings in Seneca Foods by 1.5% during the first quarter. Money Concepts Capital Corp now owns 29,886 shares of the company's stock valued at $2,661,000 after acquiring an additional 444 shares during the period. Finally, Russell Investments Group Ltd. lifted its position in shares of Seneca Foods by 179.2% in the first quarter. Russell Investments Group Ltd. now owns 726 shares of the company's stock valued at $65,000 after acquiring an additional 466 shares in the last quarter. Institutional investors own 42.51% of the company's stock.
Seneca Foods Company Profile
(
Get Free Report)
Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. The company offers canned, frozen, and jarred produce; jarred fruit; and snack chips and other food products under the private label, as well as under various national and regional brands that the company owns or licenses, including Seneca, Libby's, Aunt Nellie's, Cherryman, Green Valley, and READ.
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