Seneca Foods (NASDAQ:SENEA) Sees Large Volume Increase - Still a Buy?

Shares of Seneca Foods Corp. (NASDAQ:SENEA - Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 82,844 shares traded hands during trading, an increase of 12% from the previous session's volume of 74,008 shares.The stock last traded at $111.5010 and had previously closed at $112.75.Wall Street Analyst Weigh InSeveral brokerages have recently weighed in on SENEA. Weiss Ratings reissued a "buy (b-)" rating on shares of Seneca Foods in a research report on Monday, December 8th. Wall Street Zen lowered shares of Seneca Foods from a "strong-buy" rating to a "buy" rating in a research note on Saturday, December 6th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Seneca Foods currently has an average rating of "Buy".Get Our Latest Analysis on Seneca FoodsSeneca Foods Stock Down 0.1%The company has a current ratio of 2.59, a quick ratio of 0.42 and a debt-to-equity ratio of 0.40. The stock has a market cap of $758.90 million, a P/E ratio of 12.87 and a beta of 0.10. The firm has a 50-day simple moving average of $115.33 and a two-hundred day simple moving average of $108.11. Institutional Trading of Seneca FoodsInstitutional investors have recently bought and sold shares of the business. State of Alaska Department of Revenue bought a new position in shares of Seneca Foods during the third quarter worth approximately $28,000. EverSource Wealth Advisors LLC bought a new stake in shares of Seneca Foods in the second quarter valued at approximately $36,000. New York State Teachers Retirement System acquired a new stake in Seneca Foods during the second quarter worth approximately $43,000. CWM LLC increased its stake in Seneca Foods by 75.9% during the 3rd quarter. CWM LLC now owns 475 shares of the company's stock worth $51,000 after acquiring an additional 205 shares during the period. Finally, Quarry LP bought a new position in Seneca Foods during the 3rd quarter worth $57,000. Institutional investors own 42.51% of the company's stock. About Seneca Foods (Get Free Report)Seneca Foods Corporation is a leading producer and distributor of shelf-stable fruits, vegetables and fruit‐based products. The company's core activities include the processing, packaging and sale of canned fruits and vegetables, natural fruit juices, apple sauces and fruit‐based snacks. Seneca Foods caters to both retail and foodservice markets, supplying national and international grocers, restaurant chains and food manufacturers with branded and private‐label products. Seneca Foods operates a network of manufacturing facilities and cold storage warehouses across North America, with key processing plants in New York, Michigan, California and Canada.Featured StoriesFive stocks we like better than Seneca FoodsDo not delete, read immediatelyINVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting OffElon Warns “America Is Broke”. Trump’s Plan Inside.Can Any Expenses Be Deducted From Capital Gains Tax?Buffett, Gates and Bezos Quietly Dumping Stocks—Here's WhyThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Seneca Foods Right Now?Before you consider Seneca Foods, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Seneca Foods wasn't on the list.While Seneca Foods currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here