SunOpta Inc (NASDAQ: STKL) stock enjoyed a major increase of 17.0% on 2/29/24. The shares closed at $7.03. Moreover, this advance was accompanied by exceptionally high trading volume at 444% of normal. The stock has risen 21.0% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, STKL is expected to continue to be Value Creation neutral.
SunOpta has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. SunOpta has a neutral Power Rating of 47 but a very low Appreciation Score of 14, leading to the Lowest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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