SunOpta (TSE:SOY) Shares Up 15.8% – Here’s What Happened

SunOpta Inc. (TSE:SOY) (NASDAQ:STKL)’s stock price rose 15.8% on Monday . The stock traded as high as C$6.13 and last traded at C$6.01. Approximately 119,635 shares traded hands during trading, an increase of 4% from the average daily volume of 114,619 shares. The stock had previously closed at C$5.19.

SunOpta Trading Up 12.1%

The company has a current ratio of 1.20, a quick ratio of 0.49 and a debt-to-equity ratio of 252.92. The company has a 50 day moving average of C$5.36 and a 200 day moving average of C$7.32. The firm has a market cap of C$688.02 million, a price-to-earnings ratio of 582.00, a price-to-earnings-growth ratio of 3.16 and a beta of 2.25.

SunOpta (TSE:SOY) (NASDAQ:STKL) last posted its quarterly earnings data on Thursday, November 6th. The company reported C$0.05 EPS for the quarter. The company had revenue of C$286.38 million for the quarter. SunOpta had a negative return on equity of 11.64% and a negative net margin of 2.74%. As a group, research analysts anticipate that SunOpta Inc. will post 0.0729076 EPS for the current year.

About SunOpta

SunOpta Inc is a Canadian company that focuses on a healthy product portfolio. The company’s operating segment includes Plant-Based Foods and Beverages and Fruit-Based Foods and Beverages. It generates maximum revenue from the Plant-Based Foods and Beverages segment. Plant-Based Foods and Beverages include plant-based beverages and liquid and dry ingredients (utilizing almond, soy) as well as broths, teas, and nutritional beverages. Fruit-Based Foods and Beverages include individually quick frozen(IQF) fruit for retail(including strawberries, mango), IQF and bulk frozen fruit for foodservice (including purees, fruit cups, and smoothies), and custom fruit preparations for industrial use.