Seaboard Corp (SEB) Stock Rating Lowered by BidaskClub
Seaboard Corp (NYSEMKT:SEB) was downgraded by equities research analysts at BidaskClub from a “strong-buy” rating to a “buy” rating in a report released on Tuesday.
Shares of Seaboard Corp (NYSEMKT SEB) traded up 0.28% during midday trading on Tuesday, reaching $4529.50. The company had a trading volume of 335 shares. The firm has a market capitalization of $5.30 billion, a price-to-earnings ratio of 16.52 and a beta of 1.24. Seaboard Corp has a 12-month low of $3,178.01 and a 12-month high of $4,564.78. The company has a 50 day moving average of $4,399.95 and a 200 day moving average of $4,138.19.
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In related news, Director Rinaldo D. Barbaro bought 3,735,800 shares of the stock in a transaction that occurred on Wednesday, September 6th. The shares were bought at an average cost of $0.14 per share, for a total transaction of $523,012.00.
About Seaboard Corp
Seaboard Corporation is an agribusiness and transportation company. The Company is primarily engaged in pork production and processing, and ocean transportation. Its divisions include Pork, Commodity Trading and Milling, Marine, Sugar, Power, Turkey and Other. Overseas, the Company is primarily engaged in commodity merchandising, grain processing, sugar production and electric power generation.
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