SunOpta (STKL) : Traders are bullish on SunOpta (STKL) as it has outperformed the S&P 500 by a wide margin of 8.24% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.85%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 5.41% in the last 1 week, and is up 6.05% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 6.37% and the 50-Day Moving Average is 17.56%.The 200 Day SMA reached 28.36% SunOpta Inc. is up 49.79% in the last 3-month period. Year-to-Date the stock performance stands at 2.49%.
SunOpta (STKL) : Average target price received by SunOpta (STKL) is $7.77 with an expected standard deviation of $1.12. The most aggressive target on the stock is $9, whereas the most downbeat target is $7. 3 financial analysts are currently covering the stock.
For the current week, the company shares have a recommendation consensus of Buy. SunOpta (NASDAQ:STKL): The stock opened at $6.92 and touched an intraday high of $7.07 on Friday. During the day, the stock corrected to an intraday low of $6.833, however, the bulls stepped in and pushed the price higher to close in the green at $7.01 with a gain of 0.43% for the day. The total traded volume for the day was 1,239,921. The stock had closed at $7.01 in the previous trading session.
SunOpta Inc. is a global company operating businesses focused on healthy products portfolio. The Company specializes in sourcing, processing and packaging of natural, organic and specialty food products. It operates in three segments: Global Ingredients, Consumer Products and Opta Minerals. It sources organic and non-genetically modified (non-GMO) crops from growers and suppliers. The Global Ingredients segment aggregates its North American-based Raw Material Sourcing and Supply and European-based International Sourcing and Supply operating segments. The Consumer Products segment manufactures and supplies branded and private label aseptic beverages; re-sealable pouch products; individually quick frozen (IQF) fruits and vegetables; fruit bases and toppings; juices; shelf stable juices and waters, and fruit- and grain-based snacks. The Opta Minerals segment processes, distributes and recycles industrial minerals; silica-free abrasives, and specialty sands.