SunOpta (TSE:SOY) Reaches New 1-Year High – Time to Buy?

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

SunOpta Trading Up 3.0 %

The company has a market capitalization of C$1.31 billion, a price-to-earnings ratio of -110.10, a price-to-earnings-growth ratio of 3.16 and a beta of 1.83. The business’s 50 day simple moving average is C$9.16 and its 200 day simple moving average is C$8.22. The company has a debt-to-equity ratio of 244.95, a current ratio of 1.27 and a quick ratio of 0.49.

SunOpta (TSE:SOY) (NASDAQ:STKL) last announced its quarterly earnings data on Tuesday, November 5th. The company reported C$0.03 earnings per share (EPS) for the quarter, meeting the consensus estimate of C$0.03. The company had revenue of C$240.40 million for the quarter, compared to analysts’ expectations of C$236.68 million. SunOpta had a negative net margin of 23.23% and a negative return on equity of 2.92%. Research 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.