SunOpta, Inc. (TSE:SOY) (NASDAQ:STKL) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $3.24 and traded as high as $3.23. SunOpta shares last traded at $3.18, with a volume of 14,486 shares.
Separately, BMO Capital Markets decreased their target price on shares of 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 current ratio of 1.30 and a quick ratio of 0.35. The firm’s 50 day moving average is C$3.22 and its 200 day moving average is C$4.37. The company has a market capitalization of $294.60 million and a PE ratio of -3.19.
In related news, Senior Officer Geradus Joseph Maria Versteegh acquired 25,000 shares of SunOpta stock in a transaction on Wednesday, August 14th. The shares were acquired at an average cost of C$2.74 per share, with a total value of C$68,567.40. Following the transaction, the insider now owns 160,889 shares in the company, valued at C$441,269.62.
SunOpta Company Profile (TSE:SOY)
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.
Receive News & Ratings for SunOpta Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SunOpta and related companies with MarketBeat.com's FREE daily email newsletter.