Shares of Seneca Foods Co. (NASDAQ:SENEA - Get Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $60.31 and traded as high as $63.38. Seneca Foods shares last traded at $62.27, with a volume of 11,252 shares.
Seneca Foods Stock Up 3.1 %
The company has a market capitalization of $444.98 million, a PE ratio of 8.70 and a beta of 0.26. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.46 and a current ratio of 3.83. The firm has a fifty day simple moving average of $61.88 and a 200-day simple moving average of $60.35.
Seneca Foods (NASDAQ:SENEA - Get Free Report) last issued its quarterly earnings results on Thursday, August 8th. The company reported $1.49 EPS for the quarter. The business had revenue of $304.73 million for the quarter. Seneca Foods had a net margin of 3.61% and a return on equity of 11.72%.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC boosted its position in shares of Seneca Foods by 107.0% during the first quarter. Allspring Global Investments Holdings LLC now owns 1,710 shares of the company's stock worth $97,000 after buying an additional 884 shares during the period. SG Americas Securities LLC bought a new position in shares of Seneca Foods in the third quarter worth $118,000. Rockbridge Investment Management LCC acquired a new position in shares of Seneca Foods during the third quarter valued at $220,000. Bleakley Financial Group LLC acquired a new stake in Seneca Foods in the third quarter worth about $226,000. Finally, Clifford Capital Partners LLC bought a new position in Seneca Foods in the 2nd quarter valued at about $243,000. 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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