Sunopta, Inc (NASDAQ:STKL) shares, rose in value on Friday, March 28, with the stock price down by -3.38% to the previous day’s close as strong demand from buyers drove the stock to $4.86.
Actively observing the price movement in the last trading, the stock closed the session at $5.03, falling within a range of $4.83 and $5.1. The value of beta (5-year monthly) was 1.902. Referring to stock’s 52-week performance, its high was $8.11, and the low was $4.88. On the whole, STKL has fluctuated by -23.10% over the past month.
With the market capitalization of Sunopta, Inc currently standing at about $569.63 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-25.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 790.61M, with a low estimate of 190M and a high estimate of 198.6M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 195.09M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that STKL’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of STKL currently trading nearly -10.64% and -25.74% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 22.26, while the 7-day volatility ratio is showing 3.59% which for the 30-day chart, stands at 4.41%. Furthermore, Sunopta, Inc (STKL)’s beta value is 1.82, and its average true range (ATR) is 0.24.
A comparison of Sunopta, Inc (STKL) with its peers suggests the former has fared considerably weaker in the market. STKL showed an intraday change of -3.38% in last session, and over the past year, it shrunk by -28.11%%.
Data on historical trading for Sunopta, Inc (NASDAQ:STKL) indicates that the trading volumes over the past 10 days have averaged 0.75 and over the past 3 months, they’ve averaged 625.10K. According to company’s latest data on outstanding shares, there are 117.10 million shares outstanding.
Nearly 3.98% of Sunopta, Inc’s shares belong to company insiders and institutional investors own 89.54% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.16 million shares as on 2025-03-14, resulting in a short ratio of 4.93. According to the data, the short interest in Sunopta, Inc (STKL) stood at 452.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 4.03 million. The stock has fallen by -36.88% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the STKL stock heading into the next quarter.
