Seneca Foods Corp. (NASDAQ:SENEA - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $104.67 and last traded at $103.73, with a volume of 145630 shares. The stock had previously closed at $101.43.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen cut Seneca Foods from a "buy" rating to a "hold" rating in a research report on Tuesday, April 29th.
Read Our Latest Report on SENEA
Seneca Foods Price Performance
The company has a current ratio of 3.52, a quick ratio of 0.71 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 company has a fifty day moving average price of $92.85 and a two-hundred day moving average price of $84.99.
Seneca Foods (NASDAQ:SENEA - Get Free Report) last posted its earnings results on Thursday, June 12th. The company reported $1.37 earnings per share for the quarter. Seneca Foods had a return on equity of 11.03% and a net margin of 2.61%. The business had revenue of $345.84 million during the quarter.
Institutional Trading of Seneca Foods
Several institutional investors and hedge funds have recently made changes to their positions in SENEA. Royce & Associates LP increased its holdings in shares of Seneca Foods by 17.4% in the fourth quarter. Royce & Associates LP now owns 300,363 shares of the company's stock valued at $23,807,000 after purchasing an additional 44,462 shares during the period. American Century Companies Inc. grew its position in Seneca Foods by 161.5% in the 1st quarter. American Century Companies Inc. now owns 70,929 shares of the company's stock valued at $6,316,000 after buying an additional 43,805 shares during the last quarter. Shufro Rose & Co. LLC grew its position in Seneca Foods by 259.1% in the 1st quarter. Shufro Rose & Co. LLC now owns 34,650 shares of the company's stock valued at $3,085,000 after buying an additional 25,000 shares during the last quarter. Invesco Ltd. grew its position in Seneca Foods by 80.0% in the 1st quarter. Invesco Ltd. now owns 52,492 shares of the company's stock valued at $4,674,000 after buying an additional 23,329 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in Seneca Foods by 12,377.1% in the 1st quarter. GAMMA Investing LLC now owns 19,589 shares of the company's stock valued at $1,744,000 after buying an additional 19,432 shares during the last quarter. 42.51% of the stock is owned by hedge funds and other 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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