Seaboard Corporation (SEB) had a good day on the market for Friday March 15 as shares jumped 5.27% to close at $4,157.99. About 2,857 shares traded hands on 1,000 trades for the day, compared with an average daily volume of 512 shares out of a total float of 1.17 million. After opening the trading day at $3,959.00, shares of Seaboard Corporation stayed within a range of $4,198.00 to $3,900.01.
With today’s gains, Seaboard Corporation now has a market cap of $4.85 billion. Shares of Seaboard Corporation have been trading within a range of $4,300.00 and $3,434.71 over the last year, and it had a 50-day SMA of $3,778.79 and a 200-day SMA of $3,759.96.
Seaboard Corp is a conglomerate of food production and transportation businesses. The group operates six business segments: pork, commodity trading and milling, marine, sugar, power, and turkey. The group offers hog production and pork processing, biodiesel production, agriculture commodity trading, agriculture commodity processing and logistics, grain and feed milling, cargo shipping, sugarcane production, alcohol production, sugar refining, power production, turkey production and processing, and production of jalapeno peppers. The largest end markets by revenue are the Caribbean and Central and South America.
Seaboard Corporation is based out of Merriam, KS and has some 12,600 employees. Its CEO is Steven J. Bresky.
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Seaboard Corporation is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
To get more information on Seaboard Corporation and to follow the company’s latest updates, you can visit the company’s profile page here: SEB’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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