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After finishing at $6.36 in the prior trading day, Sunopta, Inc. (NASDAQ: STKL) closed at $6.55, up 2.99%. In other words, the price has increased by $2.99 from its previous closing price. On the day, 0.76 million shares were traded. STKL stock price reached its highest trading level at $6.56 during the session, while it also had its lowest trading level at $6.3.
Ratios:
Our goal is to gain a better understanding of STKL by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.65 and its Current Ratio is at 1.19. In the meantime, Its Debt-to-Equity ratio is 2.26 whereas as Long-Term Debt/Eq ratio is at 1.93.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, DA Davidson on December 08, 2023, initiated with a Buy rating and assigned the stock a target price of $8.
On October 02, 2023, Mizuho started tracking the stock assigning a Buy rating and target price of $9.
On June 23, 2023, Stephens started tracking the stock assigning a Overweight rating and target price of $10.Stephens initiated its Overweight rating on June 23, 2023, with a $10 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 14 ’24 when Ennen Joseph sold 150,000 shares for $6.89 per share. The transaction valued at 1,033,335 led to the insider holds 1,743,399 shares of the business.
Kocher Brian W bought 38,000 shares of STKL for $252,757 on Mar 05 ’24. The CEO now owns 74,000 shares after completing the transaction at $6.65 per share. On Mar 04 ’24, another insider, Kocher Brian W, who serves as the CEO of the company, bought 36,000 shares for $6.75 each. As a result, the insider paid 243,126 and bolstered with 36,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, STKL now has a Market Capitalization of 760330560 and an Enterprise Value of 1170958720. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.99 while its Price-to-Book (P/B) ratio in mrq is 4.72. Its current Enterprise Value per Revenue stands at 1.858 whereas that against EBITDA is 18.732.
Stock Price History:
Over the past 52 weeks, STKL has reached a high of $8.56, while it has fallen to a 52-week low of $2.79. The 50-Day Moving Average of the stock is 1.84%, while the 200-Day Moving Average is calculated to be 24.82%.
Shares Statistics:
The stock has traded on average 825.86K shares per day over the past 3-months and 896360 shares per day over the last 10 days, according to various share statistics. A total of 115.95M shares are outstanding, with a floating share count of 111.39M. Insiders hold about 4.00% of the company’s shares, while institutions hold 86.06% stake in the company. Shares short for STKL as of 1711584000 were 7728548 with a Short Ratio of 9.36, compared to 1709164800 on 8378984. Therefore, it implies a Short% of Shares Outstanding of 7728548 and a Short% of Float of 8.72.
