SunOpta (TSE:SOY) Shares Down 22.2% – Time to Sell?

Shares of SunOpta Inc. (TSE:SOYGet Free Report) (NASDAQ:STKL) traded down 22.2% during trading on Thursday . The stock traded as low as C$5.32 and last traded at C$5.79. 168,489 shares changed hands during trading, an increase of 215% from the average session volume of 53,553 shares. The stock had previously closed at C$7.44.

SunOpta Stock Performance

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 firm has a fifty day simple moving average of C$8.26 and a 200 day simple moving average of C$8.12. The company has a market cap of C$651.20 million, a price-to-earnings ratio of -91.83, a P/E/G ratio of 3.16 and a beta of 2.10.

About SunOpta

(Get Free Report)

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.

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