SunOpta (TSE:SOY) Shares Up 18.7%

Shares of SunOpta Inc. (TSE:SOY) (NASDAQ:STKL) rose 18.7% during trading on Monday . The company traded as high as C$9.02 and last traded at C$9.01. Approximately 103,301 shares changed hands during mid-day trading, an increase of 104% from the average daily volume of 50,676 shares. The stock had previously closed at C$7.59.

SunOpta Price Performance

The company has a debt-to-equity ratio of 244.95, a current ratio of 1.27 and a quick ratio of 0.49. The company has a fifty day moving average price of C$7.72 and a 200 day moving average price of C$8.09. The company has a market capitalization of C$993.14 million, a P/E ratio of -85.00, a price-to-earnings-growth ratio of 3.16 and a beta of 1.82.

SunOpta (TSE:SOY) (NASDAQ:STKL) last issued its quarterly earnings data on Wednesday, August 7th. The company reported C$0.04 EPS for the quarter, topping analysts’ consensus estimates of C$0.01 by C$0.03. SunOpta had a negative return on equity of 2.92% and a negative net margin of 23.23%. The firm had revenue of C$233.97 million during the quarter, compared to the consensus estimate of C$209.61 million. On average, sell-side analysts forecast that SunOpta Inc. will post 0.0729076 EPS for the current fiscal year.

About SunOpta

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.