SunOpta, Inc. (TSE:SOY) (NASDAQ:STKL) reached a new 52-week low during trading on Wednesday . The stock traded as low as C$2.56 and last traded at C$2.71, with a volume of 62779 shares traded. The stock had previously closed at C$2.75.
Separately, BMO Capital Markets decreased their price objective on SunOpta from C$6.00 to C$4.50 in a research note on Thursday, August 8th.
The company has a debt-to-equity ratio of 224.81, a quick ratio of 0.35 and a current ratio of 1.30. The company has a 50-day moving average price of C$3.86. The firm has a market cap of $260.13 million and a PE ratio of -3.00.
SunOpta Inc sources non-genetically modified (non-GMO) and organic ingredients; and manufactures food and beverage products in the United States, Canada, Europe, and internationally. The company operates through Global Ingredients and Consumer Products segments. The Global Ingredients segment offers organic fruit- and vegetable-based raw materials and ingredients, sweeteners, cocoa, coffees, ancient grains, nuts, seeds and pulses, and other organic food products; identity preserved, non-GMO, and organic seeds and grains, including soy, corn, and sunflower; and seed and grain-based animal feed, and pet food products.
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