Seneca Foods (NASDAQ:SENEA) Share Price Passes Above Two Hundred Day Moving Average – Here’s Why

Seneca Foods Co. (NASDAQ:SENEAGet Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $65.42 and traded as high as $72.85. Seneca Foods shares last traded at $72.41, with a volume of 10,355 shares traded.

Seneca Foods Trading Up 0.2 %

The company has a 50 day moving average of $73.53 and a 200 day moving average of $65.53. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.33 and a current ratio of 2.64. The stock has a market capitalization of $503.25 million, a price-to-earnings ratio of 12.53 and a beta of 0.27.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in SENEA. SG Americas Securities LLC purchased a new position in Seneca Foods during the third quarter worth approximately $118,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Seneca Foods in the 3rd quarter worth $156,000. Rockbridge Investment Management LCC purchased a new position in shares of Seneca Foods during the 3rd quarter worth $220,000. Bleakley Financial Group LLC purchased a new position in shares of Seneca Foods during the 3rd quarter worth $226,000. Finally, Clifford Capital Partners LLC acquired a new position in shares of Seneca Foods during the 2nd quarter valued at about $243,000. 42.51% of the stock is currently owned by institutional investors and hedge funds.

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.

Further Reading

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