SunOpta, Inc. (STKL) stock is higher by 24.65% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With STKL Stock Today?
SunOpta, Inc. (STKL) stock is trading at $9.00 as of 2:54 PM on Tuesday, Nov 17, an increase of $0.04, or 0.45% from the previous closing price of $8.96. Volume today is 591,625 compared to average volume of 720,906. The stock has traded between $8.93 and $9.15 so far today.
To see InvestorsObserver's Sentiment Score for SunOpta, Inc. click here.
More About SunOpta, Inc.
SunOpta Inc is a Canadian company that focuses on a healthy product portfolio. It operates through three segments. Global Ingredients includes the sourcing and sale of organic and non-GMO ingredients, including fruits, oils, and the processing of value-added ingredients including cocoa liquor. Plant-Based Foods and Beverages include plant-based beverages and liquid and dry ingredients (utilizing almond, soy) as well as broths, teas, and nutritional beverages. Fruit-Based Foods and Beverages include individually quick frozen(IQF) fruit for retail(including strawberries, mango), IQF and bulk frozen fruit for foodservice (including purees, fruit cups, and smoothies), and custom fruit preparations for industrial use. It generates a vast majority of revenues from the Global Ingredients segment.
Click Here to get the full Stock Score Report on SunOpta, Inc. (STKL) Stock.
