SunOpta (TSE:SOY) Reaches New 52-Week Low – Time to Sell?

SunOpta Inc. (TSE:SOYGet Free Report) (NASDAQ:STKL)’s stock price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$6.86 and last traded at C$6.86, with a volume of 7836 shares traded. The stock had previously closed at C$6.98.

SunOpta Price Performance

The business has a fifty day moving average price of C$9.39 and a 200 day moving average price of C$9.72. The company has a debt-to-equity ratio of 252.92, a current ratio of 1.20 and a quick ratio of 0.49. The company has a market capitalization of C$583.60 million, a price-to-earnings ratio of -31.99, a price-to-earnings-growth ratio of 3.16 and a beta of 1.83.

About SunOpta

(Get Free Report)

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.

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