Seneca Foods Co. (NASDAQ:SENEA - Get Free Report) shares hit a new 52-week high during trading on Monday . The stock traded as high as $82.99 and last traded at $82.99, with a volume of 29255 shares traded. The stock had previously closed at $81.20.
Seneca Foods Price Performance
The company has a 50-day moving average of $77.07 and a 200 day moving average of $69.79. The company has a quick ratio of 0.36, a current ratio of 3.38 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $596.19 million, a PE ratio of 15.77 and a beta of 0.25.
Seneca Foods (NASDAQ:SENEA - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The company reported $3.29 earnings per share for the quarter. Seneca Foods had a net margin of 2.49% and a return on equity of 9.71%.
Hedge Funds Weigh In On Seneca Foods
A number of institutional investors have recently added to or reduced their stakes in SENEA. Lazard Asset Management LLC purchased a new position in Seneca Foods during the fourth quarter worth about $54,000. Van ECK Associates Corp raised its position in shares of Seneca Foods by 73.6% during the 4th quarter. Van ECK Associates Corp now owns 729 shares of the company's stock valued at $58,000 after buying an additional 309 shares during the period. KLP Kapitalforvaltning AS acquired a new position in Seneca Foods in the fourth quarter valued at approximately $87,000. Wilmington Savings Fund Society FSB purchased a new position in Seneca Foods in the third quarter worth approximately $156,000. Finally, SG Americas Securities LLC grew its position in Seneca Foods by 8.7% in the fourth quarter. SG Americas Securities LLC now owns 2,054 shares of the company's stock worth $163,000 after acquiring an additional 165 shares during the period. Hedge funds and other institutional investors own 42.51% of the company's stock.
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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