Seneca Foods Co. (NASDAQ:SENEA - Get Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $74.55, but opened at $71.27. Seneca Foods shares last traded at $73.01, with a volume of 8,461 shares.
Seneca Foods Stock Performance
The stock's 50-day simple moving average is $75.17 and its 200 day simple moving average is $67.29. The company has a market capitalization of $547.96 million, a PE ratio of 14.51 and a beta of 0.25. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.33 and a current ratio of 2.64.
Seneca Foods (NASDAQ:SENEA - Get Free Report) last issued its earnings results on Thursday, February 6th. The company reported $3.29 earnings per share for the quarter. Seneca Foods had a return on equity of 9.80% and a net margin of 2.49%.
Institutional Investors Weigh In On Seneca Foods
Several hedge funds have recently made changes to their positions in the business. Janney Montgomery Scott LLC lifted its stake in shares of Seneca Foods by 199.4% in the 3rd quarter. Janney Montgomery Scott LLC now owns 13,421 shares of the company's stock worth $837,000 after acquiring an additional 8,938 shares during the period. Barclays PLC lifted its position in Seneca Foods by 311.3% in the third quarter. Barclays PLC now owns 7,222 shares of the company's stock valued at $450,000 after purchasing an additional 5,466 shares during the period. Jane Street Group LLC boosted its holdings in Seneca Foods by 156.7% in the 3rd quarter. Jane Street Group LLC now owns 16,034 shares of the company's stock valued at $999,000 after purchasing an additional 9,787 shares in the last quarter. JPMorgan Chase & Co. increased its position in Seneca Foods by 92.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 20,390 shares of the company's stock worth $1,271,000 after purchasing an additional 9,783 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Seneca Foods during the 3rd quarter worth approximately $380,000. Institutional investors and hedge funds own 42.51% of the company's stock.
Seneca Foods Company Profile
(
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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