SunOpta Inc. (NASDAQ:STKL) was down 3.2% on Thursday . The stock traded as low as $6.40 and last traded at $6.43, with a volume of 269,408 shares. The stock had previously closed at $6.64.

STKL has been the topic of a number of recent research reports. TheStreet raised SunOpta from a “sell” rating to a “hold” rating in a research note on Wednesday, August 3rd. Zacks Investment Research raised SunOpta from a “sell” rating to a “hold” rating in a report on Tuesday, August 2nd. DA Davidson upped their price target on SunOpta from $7.00 to $7.50 and gave the company a “buy” rating in a report on Thursday, August 11th. Finally, AltaCorp Capital reissued an “outperform” rating on shares of SunOpta in a report on Tuesday, June 21st. One investment analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $8.25.

The company’s market cap is $559.91 million. The company has a 50-day moving average of $5.91 and a 200-day moving average of $5.07.

SunOpta (NASDAQ:STKL) last posted its quarterly earnings results on Wednesday, August 10th. The company reported $0.05 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by $0.02. The business earned $348.10 million during the quarter, compared to analyst estimates of $361.55 million. The business’s revenue was up 25.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.08 EPS. On average, analysts expect that SunOpta Inc. will post $0.21 EPS for the current fiscal year.

A hedge fund recently raised its stake in SunOpta stock. Dimensional Fund Advisors LP boosted its stake in shares of SunOpta Inc. (NASDAQ:STKL) by 56.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 151,928 shares of the company’s stock after buying an additional 54,539 shares during the period. Dimensional Fund Advisors LP owned about 0.18% of SunOpta worth $1,039,000 as of its most recent filing with the SEC.

SunOpta Inc operates businesses focused on a healthy products portfolio. The Company operates through two segments: Global Ingredients and Consumer Products. Its Global Ingredients segment aggregates its North American and international raw material sourcing and supply operating segments focused on the procurement, processing and sale of specialty and organic grains and seeds, fruits, grain- and cocoa-based ingredients, and other commodities.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.