2 weeks Ago By Defense World Staff
SunOpta ( NASDAQ:STKL – Get Free Report ) (TSE:SOY) was upgraded by equities research analysts at StockNews.com from a “sell” rating to a “hold” rating in a report issued on Monday. SunOpta Stock Down 2.
1 % Shares of SunOpta stock traded down $0.14 on Monday, hitting $6.38.
570,711 shares of the company traded hands, compared to its average volume of 813,536. SunOpta has a 12-month low of $2.79 and a 12-month high of $7.
59. The company has a quick ratio of 0.61, a current ratio of 1.
27 and a debt-to-equity ratio of 1.67. The company has a market cap of $761.
38 million, a PE ratio of -4.20 and a beta of 1.82.
The company has a 50-day moving average price of $5.97 and a 200 day moving average price of $5.93.
SunOpta ( NASDAQ:STKL – Get Free Report ) (TSE:SOY) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $0.02 earnings per share for the quarter, topping analysts’ consensus estimates of $0.
01 by $0.01. The company had revenue of $171.
00 million during the quarter, compared to the consensus estimate of $159.95 million. SunOpta had a positive return on equity of 6.
51% and a negative net margin of 23.23%. The business’s quarterly revenue was down 17.
7% on a year-over-year basis. During the same period last year, the business earned ($0.03) EPS.
Sell-side analysts predict that SunOpta will post 0.14 earnings per share for the current year. Institutional Inflows and Outflows About SunOpta ( Get Free Report ) SunOpta Inc engages in manufacture and sale of plant-based and fruit-based food and beverage products in the United States, Canada, and internationally.
The company provides plant-based beverages utilizing oat, almond, soy, coconut, rice, hemp, and other bases under the Dream and West Life brands; oat-based creamers under the SOWN brand; ready-to-drink protein shakes; and nut, grain, seed, and legume based beverages; packaged teas and concentrates; and meat and vegetable broths and stocks. Further Reading Five stocks we like better than SunOpta The Most Important Warren Buffett Stock for Investors: His Own TJX Stock: A Buying Opportunity Before the Holiday Rush What is the S&P/TSX Index? Micron’s Blowout Results Pave the Way for Seagate’s Stock Surge 3 Natural Gas Stocks That Offer Great Dividend Yields Zeta Global’s AI Cloud: Your Secret Weapon for Massive Growth Receive News & Ratings for SunOpta Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SunOpta and related companies with MarketBeat.com's FREE daily email newsletter .
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