SunOpta, Inc. (TSE:SOY) (NASDAQ:STKL)’s share price shot up 2.2% during mid-day trading on Monday . The company traded as high as C$10.33 and last traded at C$10.27. 42,308 shares were traded during mid-day trading, an increase of 27% from the average session volume of 33,364 shares. The stock had previously closed at C$10.05.
The firm has a market capitalization of $887.22, a P/E ratio of -12.37 and a beta of 1.27.
In other SunOpta news, insider Oaktree Capital Management, L. acquired 3,055,460 shares of SunOpta stock in a transaction on Friday, December 15th. The shares were purchased at an average cost of C$7.50 per share, with a total value of C$22,915,950.00.
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SunOpta Company Profile
SunOpta Inc sources non-genetically modified (non-GMO) and organic ingredients; and manufactures and sells food and beverage products in the United States, Canada, Mexico, Europe, China, and Ethiopia. Its 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.
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