Technical Review of SunOpta Inc. (NASDAQ:STKL)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of SunOpta Inc. (NASDAQ:STKL) for the period of 9-Day stands at 88.43% while the stochastic %D for the same period stands at 90.82%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of SunOpta Inc. (NASDAQ:STKL) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for SunOpta Inc. (NASDAQ:STKL) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indicator of a certain security, currently SunOpta Inc. (NASDAQ:STKL)’s 20-Day Bollinger Band indicates “Hold”.

About Company

SunOpta Inc. is an operator of high-growth ethical businesses, focusing on integrated business models in the natural and organic food, supplements and health and beauty markets. The Company has three business units: the SunOpta Food Group, which specializes in sourcing, processing and distribution of natural and organic food products integrated from seed through packaged products; the Opta Minerals Group, a producer, distributor, and recycler of environmentally friendly industrial materials; and the SunOpta BioProcess Group which engineers and markets proprietary steam explosion technology systems for the pulp, bio-fuel and food processing industries. Each of these business units has proprietary products and services that give it a solid competitive advantage in its sector.

Previous Day Activity Analysis

On the last trading day, SunOpta Inc. (NASDAQ:STKL) opened the session at $9.5 and after going down -1.05% closed at $9.4. The stock lost -0.1 points in the last trade.

SunOpta Inc. (NASDAQ:STKL)’s stock fluctuated in the range of $9.30 and $9.60 during the previous active session. SunOpta Inc. (NASDAQ:STKL) traded with the volume of 686955 with average volume of 363.34 Million. The stock has MEDIUM volatility on the last trading session.

Currently the Beta for the company remains at 1.74 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.32 and 65.4 respectively.

Currently the Insider Ownership of the shares of SunOpta Inc. (NASDAQ:STKL) is at 2.2% and the shares outstanding are 86.21 Million.

Important Ratio Analysis

Some important ratios to consider here for SunOpta Inc. (NASDAQ:STKL) are discussed below:

Dividend yield of SunOpta Inc. (NASDAQ:STKL) stands at 0% whereas Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 42.73.

The Price to Sale P/S and Price to Book P/B shows the value of 0.62 and 2.25 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 231.54 and 51.62 correspondingly.

The Quick Ratio of SunOpta Inc. (NASDAQ:STKL) stands at 0.4 while the Current Ratio depicts the value of 1.3.

Return on Assets ROA of SunOpta Inc. (NASDAQ:STKL) is at -4.2% whereas, Return on Equity ROE and Return of Investment ROI of SunOpta Inc. (NASDAQ:STKL) stand at -13.1% and -0.9% respectively.

Stock Performance Analysis

The stock performance of SunOpta Inc. (NASDAQ:STKL) on the basis of 5 day trade show the jump of 1.62% whereas, the monthly performance of the stock shows increase of 11.9%.

The quarterly performance of the stock remained in red zone with the value of -2.59% while six month performance of the shares of SunOpta Inc. (NASDAQ:STKL) remained bullish with the count of 44.62%.

The yearly and YTD performance of SunOpta Inc. (NASDAQ:STKL) remained up at 41.57% and 33.33% respectively.