SunOpta (TSE:SOY) Sets New 12-Month High – Should You Buy?

SunOpta Inc. (TSE:SOY) (NASDAQ:STKL)’s share price reached a new 52-week high on Tuesday . The stock traded as high as C$11.36 and last traded at C$11.13, with a volume of 5835 shares. The stock had previously closed at C$11.11.

SunOpta Stock Down 1.8 %

The company has a current ratio of 1.27, a quick ratio of 0.49 and a debt-to-equity ratio of 244.95. The firm’s 50 day moving average price is C$9.69 and its two-hundred day moving average price is C$8.52. The company has a market capitalization of C$1.29 billion, a price-to-earnings ratio of -110.30, a price-to-earnings-growth ratio of 3.16 and a beta of 1.83.

SunOpta (TSE:SOY) (NASDAQ:STKL) last released 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. SunOpta had a negative return on equity of 2.92% and a negative net margin of 23.23%. The firm had revenue of C$240.40 million for the quarter, compared to analyst estimates of C$236.68 million. Sell-side analysts anticipate that SunOpta Inc. will post 0.0729076 earnings per share for the current fiscal 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.