Company shares last traded at $9.35 just above $8.89, the stock’s 50 day moving average and which is slightly above the 200 day moving average of $8.92. The 50 day moving average moved up $0.46 and the 200 day average was up $0.43. Trading was heavy with 525K shares changing hands by the end of trading on Tuesday. Trading volume was up 74.86% over the stocks average daily volume.
Traders are a little more bearish on shares of the company recently as shown by the rise in short interest. The company realized a rise in short interest of 7.47% as of the latest report on October 13, 2017. Short interest increased 137,417 over that period. The days to cover increased to 7.0 and the percentage of shorted shares was 0.15% on October 13.
Additionally, here are a few investment firms who have increased or decreased their stake in (STKL). As of quarter end Tower Research Capital LLC (trc) had acquired 439 shares growing its position 439.0%. The value of the investment in (STKL) went from $1,000 to $5,000 a change of 400.0% for the reporting period. As of the end of the quarter Susquehanna International Group, Llp had bought a total of 34,600 shares growing its stake by 146.0%. The value in dollars increased from $165,000 to $595,000 increasing 260.6% quarter to quarter.
Proxima Capital Management, LLC reduced its position by selling 101,351 shares a decrease of 46.9% from 03/31/2017 to 06/30/2017. Proxima Capital Management, LLC controls 114,649 shares worth $1,169,000. The total value of its holdings decreased 22.1%. Dynamic Technology Lab Private Ltd expanded its investment by buying 4,528 shares an increase of 14.3% in the quarter. Dynamic Technology Lab Private Ltd now controls 36,216 shares with a value of $369,000. The value of the position overall is up by 64.7%.
As of the latest earnings report the EPS was $-0.63 and is expected to be $0.02 for the current year with 86,496,000 shares currently outstanding. Next quarter’s EPS is forecasted to be $0.01 and the next full year EPS is anticipated to be $0.22.
SunOpta Inc., launched on January 1, 2008, operates businesses focused on a healthy products portfolio. The Company operates through two segments: Global Ingredients and Consumer Products. The Company is focused on 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. It manufactures packaged products focused on the healthy beverages, healthy fruit and healthy snacks categories for its retail, foodservice and branded food customers..