SunOpta (TSE:SOY) Sets New 12-Month Low – What’s Next?

SunOpta Inc. (TSE:SOY) (NASDAQ:STKL) hit a new 52-week low on Tuesday . The stock traded as low as C$5.06 and last traded at C$5.06, with a volume of 173558 shares. The stock had previously closed at C$5.20.

SunOpta Stock Performance

The stock has a 50-day moving average price of C$7.77 and a 200 day moving average price of C$8.13. The company has a quick ratio of 0.49, a current ratio of 1.20 and a debt-to-equity ratio of 252.92. The firm has a market capitalization of C$602.83 million, a price-to-earnings ratio of 510.00, a P/E/G ratio of 3.16 and a beta of 2.10.

SunOpta (TSE:SOY) (NASDAQ:STKL) last posted its quarterly earnings results on Thursday, November 6th. The company reported C$0.01 earnings per share 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%. On average, analysts forecast 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.