SENEA Stock Summary and Trading Ideas (Seneca Foods Corp. - Class A | NASDAQ:SENEA)

Seneca Foods Corp is a US-based company which acts as a provider of packaged fruits and vegetables. Its product offerings include canned, frozen and bottled produce and snack chips. The company's segment includes fruits and vegetables, prepared food products, and snack products. It generates maximum revenue from Canned vegetables followed by Frozen vegetables.

Seneca Foods Corp. - Class A trades on the NASDAQ stock market under the symbol SENEA.

As of May 14, 2024, SENEA stock price declined to $59.31 with 19,015 million shares trading.

SENEA has a beta of -0.83, meaning it tends to be less sensitive to market movements. SENEA has a correlation of 0.06 to the broad based SPY ETF.

SENEA has a market cap of $500.69 million. This is considered a Small Cap stock.

In the last 3 years, SENEA stock traded as high as $68.74 and as low as $32.50.

The top ETF exchange traded funds that SENEA belongs to (by Net Assets): VTI, IWM, FNDA, VXF, IWN.

SENEA has underperformed the market in the last year with a price return of +22.1% while the SPY ETF gained +28.8%. However, in the short term, SENEA had mixed performance relative to the market. It has outperformed in the last 3 months, returning +33.1% vs +6.2% return in SPY. But in the last 2 weeks, SENEA shares have been beat by the market, returning +1.9% compared to an SPY return of +2.6%.

SENEA support price is $58.30 and resistance is $60.82 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SENEA stock will trade within this expected range on the day.