SunOpta (TSE:SOY) Trading Up 15.8% – What’s Next?

SunOpta Inc. (TSE:SOYGet Free Report) (NASDAQ:STKL) shot up 15.8% during trading on Monday . The stock traded as high as C$6.13 and last traded at C$6.01. 119,635 shares were traded during mid-day trading, an increase of 4% from the average session volume of 114,619 shares. The stock had previously closed at C$5.19.

SunOpta Price Performance

The company has a debt-to-equity ratio of 252.92, a quick ratio of 0.49 and a current ratio of 1.20. The company has a 50-day simple moving average of C$5.36 and a two-hundred day simple moving average of C$7.32. The stock has a market cap of C$688.02 million, a price-to-earnings ratio of 582.00, a price-to-earnings-growth ratio of 3.16 and a beta of 2.25.

SunOpta (TSE:SOYGet Free Report) (NASDAQ:STKL) last issued its earnings results on Thursday, November 6th. The company reported C$0.05 EPS for the quarter. SunOpta had a negative return on equity of 11.64% and a negative net margin of 2.74%.The company had revenue of C$286.38 million during the quarter. As a group, equities research analysts forecast that SunOpta Inc. will post 0.0729076 EPS for the current year.

SunOpta Company Profile

(Get Free Report)

SunOpta Inc is a Canadian company that focuses on a healthy product portfolio. The company’s operating segment includes Plant-Based Foods and Beverages and Fruit-Based Foods and Beverages. It generates maximum revenue from the Plant-Based Foods and Beverages segment. Plant-Based Foods and Beverages include plant-based beverages and liquid and dry ingredients (utilizing almond, soy) as well as broths, teas, and nutritional beverages. Fruit-Based Foods and Beverages include individually quick frozen(IQF) fruit for retail(including strawberries, mango), IQF and bulk frozen fruit for foodservice (including purees, fruit cups, and smoothies), and custom fruit preparations for industrial use.

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