Seneca Foods Co. (NASDAQ:SENEA) was the target of a significant drop in short interest in March. As of March 31st, there was short interest totalling 59,500 shares, a drop of 17.4% from the March 15th total of 72,000 shares. Based on an average daily volume of 44,500 shares, the short-interest ratio is presently 1.3 days. Currently, 0.9% of the company’s stock are short sold.
Shares of SENEA opened at $49.16 on Tuesday. The firm has a 50-day moving average of $53.08 and a 200-day moving average of $44.45. Seneca Foods has a one year low of $30.17 and a one year high of $62.37. The company has a market cap of $445.78 million, a PE ratio of 5.33 and a beta of 0.75. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.88 and a quick ratio of 0.43.
Seneca Foods (NASDAQ:SENEA) last announced its quarterly earnings data on Wednesday, February 3rd. The company reported $7.90 EPS for the quarter. Seneca Foods had a net margin of 6.19% and a return on equity of 20.19%. The company had revenue of $484.39 million during the quarter.
Seneca Foods Company Profile
Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. The company 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, Paradise, Seneca Farms, and CherryMan.
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