SunOpta (TSE:SOY) Sets New 52-Week Low – What’s Next?

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

SunOpta Stock Performance

The firm has a market cap of C$572.10 million, a PE ratio of 484.00, a P/E/G ratio of 3.16 and a beta of 2.10. The firm has a 50-day moving average price of C$7.54 and a two-hundred day moving average price of C$8.08. The company has a quick ratio of 0.49, a current ratio of 1.20 and a debt-to-equity ratio of 252.92.

SunOpta (TSE:SOY) (NASDAQ:STKL) last issued its quarterly earnings results on Thursday, November 6th. The company reported C$0.01 EPS for the quarter. SunOpta had a negative return on equity of 11.64% and a negative net margin of 2.74%.The firm had revenue of C$286.38 million during the quarter. Research analysts forecast that SunOpta Inc. will post 0.0729076 EPS for the current fiscal 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.