Seneca Foods Corp (NASDAQ:SENEA) has been downgraded to Hold in a report by TheStreet today.
- Updated: September 24, 2016
TheStreet has downgraded Seneca Foods Corp (NASDAQ:SENEA) to Hold in a report released on 9/21/2016.
Yesterday Seneca Foods Corp (NASDAQ:SENEA) traded 1.36% higher at $30.05. SENEA’s 50-day average is $31.04 and its two hundred day average is $33.55. With the last close down -9.20% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Trade Volume was down over the average, with 35,834 shares of SENEA changing hands under the typical 42,528
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Seneca Foods Corp has a 52 week low of $25.85 and a 52 week high of $40.88 with a P/E ratio of 5.94 The company’s market cap is currently $0.
General Information About Seneca Foods Corp (NASDAQ:SENEA)
Seneca Foods Corporation is a provider of packaged fruits and vegetables. The Company manages its business through two segments: packaging and sale of fruits and vegetables, and packaging and sale of chip products. Its product offerings include canned fruits and vegetables, frozen vegetables and other food products, frozen and bottled produce, and snack chips. Its products are sold under private label, as well as national and regional brands that the Company owns or licenses, including Seneca, Libby's, Green Valley, Aunt Nellie's, READ, Cherryman and Seneca Farms. The Company packs Green Giant, Le Sueur and other brands of canned vegetables, as well as select Green Giant frozen vegetables for B&G Foods North America (B&G) under a contract packing agreement. Its two segments constitute the food operation. The non-food operation is primarily related to the sale of cans and ends, and the Company's trucking and aircraft operations.
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