Seneca Foods (NASDAQ:SENEA) Shares Cross Above Two Hundred Day Moving Average - Here's Why

Market Beat
2025.11.04 08:31
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Seneca Foods (NASDAQ:SENEA) shares crossed above their 200-day moving average of $101.85, reaching a high of $107.46 before closing at $104.24. Analysts have recently downgraded the stock from 'buy' to 'hold', with a consensus rating of 'hold'. The company reported $0.86 EPS and $297.46 million in revenue for the last quarter. Institutional investors have increased their stakes, with 42.51% of shares held by hedge funds. Seneca Foods specializes in packaged fruits and vegetables, operating under various brands.

Seneca Foods Corp. (NASDAQ:SENEA - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $101.85 and traded as high as $107.46. Seneca Foods shares last traded at $104.24, with a volume of 79,517 shares traded.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Wall Street Zen lowered shares of Seneca Foods from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th. Weiss Ratings lowered shares of Seneca Foods from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Saturday, October 25th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold".

Get Our Latest Report on Seneca Foods

Seneca Foods Stock Performance

The company has a market capitalization of $715.50 million, a PE ratio of 16.73 and a beta of 0.19. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.66 and a current ratio of 4.11. The stock's fifty day simple moving average is $111.28 and its 200-day simple moving average is $101.85.

Seneca Foods (NASDAQ:SENEA - Get Free Report) last released its earnings results on Thursday, August 7th. The company reported $0.86 earnings per share (EPS) for the quarter. The company had revenue of $297.46 million for the quarter. Seneca Foods had a net margin of 2.76% and a return on equity of 10.07%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. State of Alaska Department of Revenue purchased a new position in shares of Seneca Foods during the 3rd quarter worth about $28,000. EverSource Wealth Advisors LLC acquired a new stake in Seneca Foods in the second quarter valued at approximately $36,000. New York State Teachers Retirement System acquired a new stake in shares of Seneca Foods during the second quarter valued at about $43,000. CWM LLC grew its position in shares of Seneca Foods by 75.9% during the third quarter. CWM LLC now owns 475 shares of the company's stock worth $51,000 after buying an additional 205 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its position in shares of Seneca Foods by 179.2% during the first quarter. Russell Investments Group Ltd. now owns 726 shares of the company's stock worth $65,000 after buying an additional 466 shares in the last quarter. 42.51% of the stock is currently owned by hedge funds and other institutional investors.

About Seneca Foods

(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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