StockNews.com upgraded shares of SunOpta (NASDAQ:STKL – Free Report) (TSE:SOY) from a sell rating to a hold rating in a research note published on Saturday morning.
SunOpta Trading Down 4.4 %
Shares of STKL opened at $6.08 on Friday. The stock’s fifty day simple moving average is $5.49 and its 200-day simple moving average is $5.93. The firm has a market capitalization of $725.58 million, a PE ratio of -4.00 and a beta of 1.85. 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.
SunOpta (NASDAQ:STKL – Get Free Report) (TSE:SOY) last announced its quarterly earnings data on Wednesday, August 7th. The company reported $0.02 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.01. The firm had revenue of $171.00 million during the quarter, compared to analysts’ expectations of $159.95 million. SunOpta had a positive return on equity of 6.51% and a negative net margin of 23.23%. The company’s quarterly revenue was down 17.7% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.03) EPS. As a group, research analysts predict that SunOpta will post 0.14 earnings per share for the current year.
Institutional Trading of SunOpta
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.
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