Seneca Foods Co. (NASDAQ:SENEA - Get Free Report) saw strong trading volume on Tuesday . 59,928 shares changed hands during mid-day trading, an increase of 148% from the previous session's volume of 24,180 shares.The stock last traded at $93.88 and had previously closed at $96.26.
Wall Street Analyst Weigh In
Separately, Wall Street Zen downgraded shares of Seneca Foods from a "buy" rating to a "hold" rating in a research note on Tuesday, April 29th.
Check Out Our Latest Analysis on SENEA
Seneca Foods Price Performance
The stock has a market cap of $642.52 million, a PE ratio of 17.04 and a beta of 0.40. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.38 and a quick ratio of 0.36. The firm's 50 day moving average price is $88.33 and its two-hundred day moving average price is $81.69.
Hedge Funds Weigh In On Seneca Foods
A number of large investors have recently modified their holdings of SENEA. Savant Capital LLC bought a new stake in Seneca Foods during the fourth quarter valued at approximately $291,000. American Century Companies Inc. lifted its position in Seneca Foods by 171.8% during the fourth quarter. American Century Companies Inc. now owns 27,124 shares of the company's stock valued at $2,150,000 after purchasing an additional 17,145 shares during the last quarter. Edge Capital Group LLC bought a new stake in Seneca Foods during the fourth quarter valued at approximately $5,919,000. Pullen Investment Management LLC lifted its position in Seneca Foods by 46.2% during the fourth quarter. Pullen Investment Management LLC now owns 27,974 shares of the company's stock valued at $2,217,000 after purchasing an additional 8,842 shares during the last quarter. Finally, Empowered Funds LLC lifted its position in Seneca Foods by 181.5% during the fourth quarter. Empowered Funds LLC now owns 9,651 shares of the company's stock valued at $765,000 after purchasing an additional 6,223 shares during the last quarter. 42.51% of the stock is currently owned by institutional investors.
About Seneca Foods
(
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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