SunOpta (TSE:SOY) Reaches New 52-Week High - Here's Why

SunOpta Inc. (TSE:SOY - Get Free Report) NASDAQ: STKL's share price reached a new 52-week high on Friday . The stock traded as high as C$10.43 and last traded at C$10.43, with a volume of 1543 shares traded. The stock had previously closed at C$10.33.

SunOpta Price Performance

The company has a quick ratio of 0.49, a current ratio of 1.27 and a debt-to-equity ratio of 244.95. The firm's 50-day moving average is C$8.62 and its 200-day moving average is C$8.06. The company has a market cap of C$1.20 billion, a PE ratio of -103.30, a PEG ratio of 3.16 and a beta of 1.83.

SunOpta (TSE:SOY - Get Free Report) NASDAQ: STKL last announced its earnings results on Tuesday, November 5th. The company reported C$0.03 earnings per share for the quarter, meeting analysts' consensus estimates of C$0.03. SunOpta had a negative net margin of 23.23% and a negative return on equity of 2.92%. The business had revenue of C$240.40 million during the quarter, compared to the consensus estimate of C$236.68 million. On average, equities analysts anticipate that SunOpta Inc. will post 0.0729076 EPS 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.