The stock of Sunopta, Inc. (NASDAQ: STKL) has increased by 3.61 when compared to last closing price of 5.54.Despite this, the company has seen a loss of -12.37% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-05 that SunOpta (STKL) reachead $6.51 at the closing of the latest trading day, reflecting a +1.4% change compared to its last close.
Is It Worth Investing in Sunopta, Inc. (NASDAQ: STKL) Right Now?
Company’s 36-month beta value is 1.79.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for STKL is 111.43M, and currently, short sellers hold a 5.34% ratio of that floaft. The average trading volume of STKL on May 08, 2024 was 870.16K shares.
STKL’s Market Performance
The stock of Sunopta, Inc. (STKL) has seen a -12.37% decrease in the past week, with a -13.29% drop in the past month, and a -7.57% fall in the past quarter. The volatility ratio for the week is 6.80%, and the volatility levels for the past 30 days are at 4.90% for STKL. The simple moving average for the last 20 days is -7.16% for STKL’s stock, with a simple moving average of 9.39% for the last 200 days.
Analysts’ Opinion of STKL
Many brokerage firms have already submitted their reports for STKL stocks, with DA Davidson repeating the rating for STKL by listing it as a “Buy.” The predicted price for STKL in the upcoming period, according to DA Davidson is $8 based on the research report published on December 08, 2023 of the previous year 2023.
Mizuho, on the other hand, stated in their research note that they expect to see STKL reach a price target of $9. The rating they have provided for STKL stocks is “Buy” according to the report published on October 02nd, 2023.
Stephens gave a rating of “Overweight” to STKL, setting the target price at $10 in the report published on June 23rd of the previous year.
STKL Trading at -11.43% from the 50-Day Moving Average
After a stumble in the market that brought STKL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -30.17% of loss for the given period.
Volatility was left at 4.90%, however, over the last 30 days, the volatility rate increased by 6.80%, as shares sank -13.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.33% lower at present.
During the last 5 trading sessions, STKL fell by -12.37%, which changed the moving average for the period of 200-days by -10.31% in comparison to the 20-day moving average, which settled at $6.14. In addition, Sunopta, Inc. saw 4.94% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at STKL starting from Ennen Joseph, who sale 150,000 shares at the price of $6.89 back on Mar 14 ’24. After this action, Ennen Joseph now owns 1,743,399 shares of Sunopta, Inc., valued at $1,033,335 using the latest closing price.
Kocher Brian W, the CEO of Sunopta, Inc., purchase 38,000 shares at $6.65 during a trade that took place back on Mar 05 ’24, which means that Kocher Brian W is holding 74,000 shares at $252,757 based on the most recent closing price.
Stock Fundamentals for STKL
Current profitability levels for the company are sitting at:
- -0.01 for the present operating margin
- 0.12 for the gross margin
The net margin for Sunopta, Inc. stands at -0.23. The total capital return value is set at -0.02. Equity return is now at value -9.52, with -3.26 for asset returns.
Based on Sunopta, Inc. (STKL), the company’s capital structure generated 0.63 points at debt to capital in total, while cash flow to debt ratio is standing at 0.05. The debt to equity ratio resting at 1.69. The interest coverage ratio of the stock is -0.33.
Currently, EBITDA for the company is 60.07 million with net debt to EBITDA at 9.61. When we switch over and look at the enterprise to sales, we see a ratio of 1.39. The receivables turnover for the company is 11.01for trailing twelve months and the total asset turnover is 1.14. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.19.
Conclusion
In a nutshell, Sunopta, Inc. (STKL) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
