Watch-list News: Seaboard Corporation (NYSE:SEB)

Shares of Seaboard Corporation (NYSE:SEB) have been recently spotted trading -12.50% off of the 52-week high price. On the other end, company shares have been noted 26.38% away from the low price over the last 52-weeks. 52 week range of the stock remained $ 3247.00 – 4690.00. Switching over to some distances from popular moving averages, we see that the stock has been recorded -1.24% away from the 50 day moving average and -3.27% away from the 200 day moving average. Moving closer, we can see that shares have been trading 1.23% off of the 20-day moving average.

Seaboard Corporation (NYSE:SEB) announced that Darwin “Duke” Sand has been named the next President and Chief Executive Officer of Seaboard Foods LLC. Sand, with more than 30 years of pork industry experience, is a 22‑year veteran of Seaboard Foods and has been instrumental in leading the company from a start‑up operation in the mid‑1990s to a leading connected food system company, producing and selling premium pork products throughout the United States and internationally. Sand assumes his new role immediately.

Steven J. Bresky, President and Chief Executive Officer of Seaboard Corporation, stated: “As a pork industry veteran with vast experience and knowledge, Duke’s leadership will advance our uniquely connected food system to help achieve our vision to create the most sought‑after pork in the industry. I’m confident that with Duke’s energy, expertise and dedication, he will continue to lead us on a path that showcases our commitment to produce wholesome and delicious pork products to customers around the world.”

Sand joined Seaboard Foods in 1996 and was instrumental in building Seaboard Foods’ reputation as a leading U.S. pork exporter. Prior to becoming Seaboard Foods’ Senior Vice President of Sales with responsibilities for all sales and marketing in 2011, he was in charge of the Seaboard Foods’ pork export business as Vice President of International Sales. Sand started his career at IBP, Inc. in 1987 and held a variety of sales leadership roles until 1996. The Altoona, Iowa native received his Bachelor’s Degree in Business Administration from Iowa State University.

The USA based company Seaboard Corporation closed with change of 0.45% to $4103.58 with the total traded volume of 401 shares versus to an average volume of 0.33K. The stock was up in the 5 days activity -0.41%. The one month performance of stock was high 1.45%. SEB shares are below -3.47% for the quarter and driving a 4.92% rally over the course of the past year and is now down -6.95% since this point in 2018.  Right now SEB beta is 0.86. The average volatility for the week and month was at 1.73% 2.12% respectively.

Gary Simmons

Gary Simmons is a self-taught investor and follows the value investing approach to picking stocks. He possesses over 10 years of investment experience, an M.B.A. from Louisiana State University, and is also certified in Risk Management Assurance. Gary is a Certified Internal Auditor, Data Miner, and author with a career broadly spanning over multiple business areas. He has exploited those observations and developed investment tactics within a fundamentally sound long-term investment strategy. He currently covers Business News category for our site. Address: 3274 Dennison Street, Modesto, California Email: Gary@newscontrol.info

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