Seneca Foods Co. (NASDAQ:SENEA - Get Free Report) shares dropped 1.8% on Friday . The stock traded as low as $84.22 and last traded at $83.98. Approximately 1,452 shares changed hands during mid-day trading, a decline of 92% from the average daily volume of 17,561 shares. The stock had previously closed at $85.49.
Seneca Foods Price Performance
The company has a market capitalization of $582.46 million, a P/E ratio of 15.45 and a beta of 0.16. The company's 50-day moving average price is $78.33 and its two-hundred day moving average price is $71.33. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.38 and a quick ratio of 0.36.
Seneca Foods (NASDAQ:SENEA - Get Free Report) last issued its quarterly earnings data 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%.
Institutional Trading of Seneca Foods
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Pullen Investment Management LLC raised its stake in Seneca Foods by 46.2% in the 4th quarter. Pullen Investment Management LLC now owns 27,974 shares of the company's stock worth $2,217,000 after purchasing an additional 8,842 shares in the last quarter. Two Sigma Advisers LP raised its stake in Seneca Foods by 6.4% in the 4th quarter. Two Sigma Advisers LP now owns 13,300 shares of the company's stock worth $1,054,000 after purchasing an additional 800 shares in the last quarter. Lazard Asset Management LLC acquired a new stake in Seneca Foods in the 4th quarter worth about $54,000. Janus Henderson Group PLC acquired a new stake in Seneca Foods in the 4th quarter worth about $223,000. Finally, Deutsche Bank AG raised its stake in Seneca Foods by 39.4% in the 4th quarter. Deutsche Bank AG now owns 5,834 shares of the company's stock worth $462,000 after purchasing an additional 1,648 shares in the last quarter. Institutional investors and hedge funds own 42.51% of the company's stock.
About Seneca Foods
(
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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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