SunOpta, Inc. (NASDAQ:STKL) (TSE:SOY) shares saw unusually-strong trading volume on Thursday . Approximately 918,723 shares changed hands during mid-day trading, an increase of 210% from the previous session’s volume of 296,698 shares.The stock last traded at $7.14 and had previously closed at $7.12.

Several analysts recently issued reports on STKL shares. Zacks Investment Research cut shares of SunOpta from a “hold” rating to a “sell” rating in a report on Tuesday, September 18th. BidaskClub cut shares of SunOpta from a “sell” rating to a “strong sell” rating in a report on Thursday, September 13th. Finally, Citigroup upped their price target on shares of SunOpta from $9.00 to $10.00 and gave the company a “buy” rating in a report on Tuesday, June 19th.

The firm has a market cap of $640.59 million, a PE ratio of -50.79 and a beta of 1.39. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.40 and a current ratio of 1.23.

SunOpta (NASDAQ:STKL) (TSE:SOY) last issued its earnings results on Wednesday, August 8th. The company reported ($0.06) earnings per share for the quarter, hitting the Zacks’ consensus estimate of ($0.06). The company had revenue of $319.31 million for the quarter, compared to analysts’ expectations of $319.10 million. SunOpta had a negative net margin of 10.53% and a negative return on equity of 6.70%. As a group, research analysts predict that SunOpta, Inc. will post -0.18 EPS for the current fiscal year.

Several large investors have recently modified their holdings of STKL. A.R.T. Advisors LLC acquired a new stake in shares of SunOpta during the first quarter worth $151,000. Engineers Gate Manager LP acquired a new stake in shares of SunOpta during the second quarter worth $167,000. Shufro Rose & Co. LLC acquired a new stake in shares of SunOpta during the second quarter worth $509,000. Renaissance Technologies LLC acquired a new stake in shares of SunOpta during the second quarter worth $668,000. Finally, Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of SunOpta by 22.4% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 161,883 shares of the company’s stock worth $1,366,000 after purchasing an additional 29,600 shares during the period. 79.54% of the stock is currently owned by institutional investors.

About SunOpta (NASDAQ:STKL)

SunOpta Inc sources non-genetically modified (non-GMO) and organic ingredients; and manufactures food and beverage products in the United States, Canada, Europe, Mexico, and Ethiopia. The company operates through Global Ingredients and Consumer Products segments. The Global Ingredients segment offers organic fruit- and vegetable-based raw materials and ingredients, sweeteners, cocoa, coffees, ancient grains, nuts, seeds and pulses, and other organic food products; identity preserved, non-GMO, and organic seeds and grains, including soy, corn, and sunflower; and seed and grain-based animal feed, and pet food products.

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