Alert: Major Price Advance (10/31/24)-SunOpta Inc (NASDAQ: STKL).

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SunOpta Inc (NASDAQ: STKL) stock enjoyed a major increase of 11.7% on 10/31/24. The shares closed at $6.55. Moreover, above average trading volume at 141% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 14.4% during the last week.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, STKL is expected to be a major Value Builder.

SunOpta has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. SunOpta has a very low Appreciation Score of 9 but a neutral Power Rating of 57, resulting in the Negative Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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