Seneca Foods (NASDAQ:SENEA) Hits New 12-Month High - Time to Buy?

Seneca Foods Co. (NASDAQ:SENEA - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $81.00 and last traded at $81.00, with a volume of 2854 shares. The stock had previously closed at $79.38.

Seneca Foods Price Performance

The company has a 50-day moving average of $70.55 and a 200 day moving average of $64.11. The firm has a market cap of $546.18 million, a P/E ratio of 13.60 and a beta of 0.29. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.33 and a current ratio of 2.64.

Hedge Funds Weigh In On Seneca Foods

Institutional investors have recently bought and sold shares of the business. SG Americas Securities LLC bought a new position in shares of Seneca Foods in the third quarter worth about $118,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Seneca Foods in the third quarter valued at approximately $156,000. Rockbridge Investment Management LCC bought a new position in Seneca Foods in the 3rd quarter worth approximately $220,000. Bleakley Financial Group LLC acquired a new position in Seneca Foods during the 3rd quarter worth $226,000. Finally, Clifford Capital Partners LLC bought a new position in Seneca Foods in the 2nd quarter valued at $243,000. Institutional investors own 42.51% of the company's stock.

Seneca Foods Company Profile

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.