SunOpta (TSE:SOY) Hits New 1-Year High – What’s Next?

SunOpta Inc. (TSE:SOY) (NASDAQ:STKL)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as C$11.03 and last traded at C$10.99, with a volume of 2000 shares changing hands. The stock had previously closed at C$10.90.

SunOpta Price Performance

The firm has a market cap of C$1.29 billion, a PE ratio of -108.70, a price-to-earnings-growth ratio of 3.16 and a beta of 1.83. The stock has a 50 day simple moving average of C$9.23 and a two-hundred day simple moving average of C$8.26. The company has a debt-to-equity ratio of 244.95, a quick ratio of 0.49 and a current ratio of 1.27.

SunOpta (TSE:SOY) (NASDAQ:STKL) last announced its quarterly earnings results on Tuesday, November 5th. The company reported C$0.03 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of C$0.03. The company had revenue of C$240.40 million during the quarter, compared to the consensus estimate of C$236.68 million. SunOpta had a negative return on equity of 2.92% and a negative net margin of 23.23%. Sell-side analysts expect that SunOpta Inc. will post 0.0729076 earnings per share for the current year.

SunOpta Company Profile

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.