Seneca Foods Corp. (NASDAQ:SENEA - Get Free Report)'s stock price hit a new 52-week high on Wednesday . The company traded as high as $104.67 and last traded at $103.73, with a volume of 145630 shares trading hands. The stock had previously closed at $101.43.
Wall Street Analyst Weigh In
Separately, Wall Street Zen cut shares of Seneca Foods from a "buy" rating to a "hold" rating in a research report on Tuesday, April 29th.
Check Out Our Latest Stock Report on SENEA
Seneca Foods Stock Performance
The stock's 50 day simple moving average is $92.10 and its two-hundred day simple moving average is $84.54. The company has a market capitalization of $733.96 million, a P/E ratio of 18.09 and a beta of 0.42. The company has a debt-to-equity ratio of 0.44, a current ratio of 3.52 and a quick ratio of 0.71.
Seneca Foods (NASDAQ:SENEA - Get Free Report) last announced its quarterly earnings data on Thursday, June 12th. The company reported $1.37 earnings per share (EPS) for the quarter. The firm had revenue of $345.84 million for the quarter. Seneca Foods had a net margin of 2.61% and a return on equity of 11.03%.
Institutional Trading of Seneca Foods
Hedge funds have recently bought and sold shares of the stock. Lazard Asset Management LLC acquired a new stake in shares of Seneca Foods in the 4th quarter valued at about $54,000. Russell Investments Group Ltd. grew its holdings in shares of Seneca Foods by 179.2% during the first quarter. Russell Investments Group Ltd. now owns 726 shares of the company's stock worth $65,000 after buying an additional 466 shares in the last quarter. HFM Investment Advisors LLC acquired a new stake in Seneca Foods in the 1st quarter valued at approximately $71,000. KLP Kapitalforvaltning AS acquired a new stake in Seneca Foods in the 4th quarter valued at approximately $87,000. Finally, Quantbot Technologies LP bought a new stake in Seneca Foods in the 1st quarter valued at approximately $135,000. 42.51% of the stock is currently owned by institutional investors and hedge funds.
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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