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SunOpta (STKL) Jumps: Stock Rises 8.6%

Zacks Equity Research
·2 mins read

SunOpta Inc. STKL was a big mover last session, as the company saw its shares rise nearly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 92.4% in the past one-month time frame.

The company has seen one negative estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

SunOpta currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

SunOpta, Inc. Price

SunOpta, Inc. Price
SunOpta, Inc. Price

SunOpta, Inc. price | SunOpta, Inc. Quote

Another player in the Food – Miscellaneous industry, which looks attractive at current levels is BG Foods Inc BGS, which carries a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

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SunOpta, Inc. (STKL) : Free Stock Analysis Report
 
BG Foods, Inc. (BGS) : Free Stock Analysis Report
 
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Zacks Investment Research