The stock of SunOpta, Inc. (TSE:SOY) is a huge mover today! About 16,124 shares traded hands. SunOpta, Inc. (TSE:SOY) has risen 49.32% since March 24, 2016 and is uptrending. It has outperformed by 45.85% the S&P500.
The move comes after 5 months positive chart setup for the $784.60M company. It was reported on Oct, 31 by Barchart.com. We have $14.24 PT which if reached, will make TSE:SOY worth $486.45 million more.
More recent SunOpta, Inc. (TSE:SOY) news were published by: Fool.com which released: “Why Shares of SunOpta Inc. Soared Today” on May 27, 2016. Also Reuters.com published the news titled: “SunOpta gets $85 million from Oaktree Capital to repay debt” on October 07, 2016. Bloomberg.com‘s news article titled: “SunOpta Targeted by Activist Engaged Capital With New Stake” with publication date: September 15, 2016 was also an interesting one.
SunOpta Inc. operates businesses focused on a healthy products portfolio. The company has a market cap of $784.60 million. The Firm operates through two divisions: Global Ingredients and Consumer Products. It currently has negative earnings. The Company’s Global Ingredients segment aggregates its North American and international raw material sourcing and supply operating divisions focused on the procurement, processing and sale of specialty and organic grains and seeds, fruits, grain- and cocoa ingredients, and other commodities.
SOY.TO Company Profile
SunOpta Inc., incorporated on January 1, 2008, operates businesses focused on a healthy products portfolio. The Firm operates through two divisions: Global Ingredients and Consumer Products. The Firm is focused on both sourcing non-genetically modified (non-GMO) and organic ingredients and manufacturing healthy food and beverage products. It operates an integrated field-to-table business model leveraging its global ingredient sourcing platform to process and market non-GMO and organic ingredients for retailers, food manufacturers and foodservice operators and manufacture packaged products focused on the healthy beverages, healthy fruit and healthy snacks categories for its retail, foodservice and branded food customers.
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