Seneca Foods (SENEA) Sets New 1-Year High at $35.90

Seneca Foods Corp (NASDAQ:SENEA) shares reached a new 52-week high during trading on Thursday . The stock traded as high as $35.90 and last traded at $35.50, with a volume of 509 shares. The stock had previously closed at $35.21.

SENEA has been the subject of several analyst reports. BidaskClub raised shares of Seneca Foods from a “strong sell” rating to a “sell” rating in a report on Friday, August 17th. TheStreet raised shares of Seneca Foods from a “d+” rating to a “c-” rating in a report on Wednesday, September 12th.

The company has a debt-to-equity ratio of 0.88, a current ratio of 3.77 and a quick ratio of 0.61.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. boosted its holdings in Seneca Foods by 4.0% in the 2nd quarter. BlackRock Inc. now owns 991,508 shares of the company’s stock worth $26,771,000 after buying an additional 38,242 shares during the period. Pennsylvania Trust Co boosted its holdings in Seneca Foods by 1.1% in the 2nd quarter. Pennsylvania Trust Co now owns 743,279 shares of the company’s stock worth $20,069,000 after buying an additional 8,400 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Seneca Foods by 3.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 661,112 shares of the company’s stock worth $18,313,000 after buying an additional 24,440 shares during the period. Royce & Associates LP boosted its holdings in Seneca Foods by 15.9% in the 2nd quarter. Royce & Associates LP now owns 413,977 shares of the company’s stock worth $11,177,000 after buying an additional 56,734 shares during the period. Finally, Renaissance Technologies LLC boosted its holdings in Seneca Foods by 11.3% in the 2nd quarter. Renaissance Technologies LLC now owns 74,000 shares of the company’s stock worth $1,998,000 after buying an additional 7,500 shares during the period. 54.63% of the stock is owned by institutional investors.

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About Seneca Foods (NASDAQ:SENEA)

Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. It offers canned, frozen, and bottled produce; 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, READ, Green Valley, Cherryman, and Seneca Farms.

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