Seneca Foods Corp (NASDAQ:SENEA) shares reached a new 52-week low on Wednesday . The stock traded as low as $24.50 and last traded at $24.73, with a volume of 140 shares traded. The stock had previously closed at $25.62.

Several research analysts recently weighed in on SENEA shares. BidaskClub cut shares of Seneca Foods from a “strong-buy” rating to a “buy” rating in a research report on Friday, November 30th. TheStreet cut shares of Seneca Foods from a “c-” rating to a “d+” rating in a research report on Tuesday, February 26th.

The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.29 and a current ratio of 1.51.

Seneca Foods (NASDAQ:SENEA) last issued its earnings results on Friday, February 1st. The company reported ($2.07) earnings per share (EPS) for the quarter. The firm had revenue of $372.24 million during the quarter. Seneca Foods had a negative return on equity of 10.43% and a net margin of 0.02%.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Arizona State Retirement System boosted its stake in shares of Seneca Foods by 5.5% during the fourth quarter. Arizona State Retirement System now owns 10,341 shares of the company’s stock valued at $292,000 after purchasing an additional 535 shares during the period. Teachers Advisors LLC boosted its stake in shares of Seneca Foods by 4.8% during the third quarter. Teachers Advisors LLC now owns 14,617 shares of the company’s stock valued at $493,000 after purchasing an additional 667 shares during the period. Legal & General Group Plc raised its holdings in shares of Seneca Foods by 9.1% during the third quarter. Legal & General Group Plc now owns 14,583 shares of the company’s stock valued at $489,000 after acquiring an additional 1,211 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Seneca Foods by 2.2% during the third quarter. Bank of New York Mellon Corp now owns 77,188 shares of the company’s stock valued at $2,601,000 after acquiring an additional 1,634 shares in the last quarter. Finally, Municipal Employees Retirement System of Michigan bought a new position in shares of Seneca Foods during the fourth quarter valued at approximately $54,000. 48.44% of the stock is owned by institutional investors and hedge funds.

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Seneca Foods Company Profile (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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