StockNews.com upgraded shares of SunOpta (NASDAQ:STKL – Free Report) (TSE:SOY) from a sell rating to a hold rating in a report released on Thursday.
SunOpta Price Performance
NASDAQ:STKL opened at $6.42 on Thursday. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.27 and a quick ratio of 0.61. SunOpta has a one year low of $2.79 and a one year high of $7.59. The company has a fifty day moving average price of $6.18 and a 200 day moving average price of $5.90. The stock has a market cap of $766.16 million, a P/E ratio of -4.22 and a beta of 1.83.
SunOpta (NASDAQ:STKL – Get Free Report) (TSE:SOY) last released its earnings results on Wednesday, August 7th. The company reported $0.02 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.01. SunOpta had a negative net margin of 23.23% and a positive return on equity of 6.51%. The business had revenue of $171.00 million during the quarter, compared to analysts’ expectations of $159.95 million. During the same quarter last year, the company earned ($0.03) earnings per share. The firm’s revenue was down 17.7% on a year-over-year basis. Analysts anticipate that SunOpta will post 0.14 earnings per share for the current year.
Institutional Inflows and Outflows
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.
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