SunOpta (TSE:SOY) Hits New 12-Month High – Still a Buy?

SunOpta Inc. (TSE:SOY) (NASDAQ:STKL)’s stock price hit a new 52-week high on Monday . The stock traded as high as C$11.39 and last traded at C$11.30, with a volume of 6142 shares trading hands. The stock had previously closed at C$11.08.

SunOpta Stock Up 2.6 %

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 stock has a market capitalization of C$1.33 billion, a PE ratio of -113.70, a P/E/G ratio of 3.16 and a beta of 1.83. The stock’s fifty day simple moving average is C$10.04 and its 200-day simple moving average is C$8.68.

SunOpta (TSE:SOY) (NASDAQ:STKL) last released its quarterly 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 company had revenue of C$240.40 million for the quarter, compared to analyst estimates of C$236.68 million. As a group, sell-side analysts forecast that SunOpta Inc. will post 0.0729076 EPS 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.