SunOpta (TSE:SOY) Stock Price Up 18.7%

SunOpta Inc. (TSE:SOY) (NASDAQ:STKL) shares shot up 18.7% on Monday . The company traded as high as C$9.02 and last traded at C$9.01. 103,301 shares were traded during mid-day trading, an increase of 104% from the average session volume of 50,676 shares. The stock had previously closed at C$7.59.

SunOpta Stock Performance

The company has a current ratio of 1.27, a quick ratio of 0.49 and a debt-to-equity ratio of 244.95. The company has a market capitalization of C$993.14 million, a price-to-earnings ratio of -85.00, a PEG ratio of 3.16 and a beta of 1.82. The firm has a 50-day moving average price of C$7.72 and a 200-day moving average price of C$8.09.

SunOpta (TSE:SOY) (NASDAQ:STKL) last issued its quarterly earnings results on Wednesday, August 7th. The company reported C$0.04 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.01 by C$0.03. SunOpta had a negative net margin of 23.23% and a negative return on equity of 2.92%. The company had revenue of C$233.97 million during the quarter, compared to the consensus estimate of C$209.61 million. As a group, sell-side analysts predict that SunOpta Inc. will post 0.0729076 EPS for the current year.

About SunOpta

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.