Seneca Foods (NASDAQ:SENEA) Reaches New 12-Month High – Here’s What Happened

Seneca Foods Co. (NASDAQ:SENEA)’s share price hit a new 52-week high during trading on Friday . The company traded as high as $90.35 and last traded at $90.35, with a volume of 24656 shares trading hands. The stock had previously closed at $89.23.

Seneca Foods Price Performance

The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.36 and a current ratio of 3.38. The firm has a fifty day simple moving average of $80.81 and a two-hundred day simple moving average of $72.89. The firm has a market cap of $621.61 million, a PE ratio of 16.49 and a beta of 0.16.

Seneca Foods (NASDAQ:SENEA) last posted its 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%.

Institutional Trading of Seneca Foods

A number of large investors have recently made changes to their positions in SENEA. Barclays PLC grew its position in Seneca Foods by 311.3% in the third quarter. Barclays PLC now owns 7,222 shares of the company’s stock worth $450,000 after acquiring an additional 5,466 shares in the last quarter. Savant Capital LLC bought a new stake in shares of Seneca Foods in the 4th quarter valued at approximately $291,000. Edge Capital Group LLC purchased a new position in shares of Seneca Foods in the 4th quarter worth approximately $5,919,000. Empowered Funds LLC increased its position in shares of Seneca Foods by 181.5% during the 4th quarter. Empowered Funds LLC now owns 9,651 shares of the company’s stock valued at $765,000 after purchasing an additional 6,223 shares during the last quarter. Finally, Jane Street Group LLC increased its position in shares of Seneca Foods by 156.7% during 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 during the last quarter. 42.51% of the stock is currently owned by institutional investors.

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.