Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Sunopta, Inc shares valued at $99,644 were sold by Fisher Rebecca on Nov 19 ’24. At $7.58 per share, Fisher Rebecca sold 13,142 shares. The insider’s holdings dropped to 108,500 shares worth approximately $0.81 million following the completion of this transaction.
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Also, REBECCA FISHER purchased 13,142 shares, netting a total of over 99,644 in proceeds.
Before that, Duchscher Robert had sold 50,000 shares from its account. In a trade valued at $366,685, the Chief Information Officer traded Sunopta, Inc shares for $7.33 each. Upon closing the transaction, the insider’s holdings decreased to 50,000 shares, worth approximately $0.32 million.
As published in their initiating research note from DA Davidson on December 08, 2023, Sunopta, Inc [STKL] has been a Buy and the price target has been revised to $8. Analysts at Mizuho started covering the stock with ‘”a Buy”‘ outlook in a report released in early October. As of June 23, 2023, Stephens has initiated its “an Overweight” rating for STKL. Earlier on September 10, 2021, Cowen initiated its rating. Their recommendation was “an Outperform” for STKL stock.
Analyzing STKL Stock Performance
During the last five days, there has been a drop of approximately -4.49%. Over the course of the year, Sunopta, Inc shares have jumped approximately 36.01%. Shares of the company reached a 52-week high of $8.11 on 11/29/24 and a 52-week low of $4.88 on 08/05/24. A 50-day SMA is recorded $7.07, while a 200-day SMA reached $6.26. Nevertheless, trading volume fell to 0.7 million shares from 5204.0 shares the previous day.
Support And Resistance Levels for Sunopta, Inc (STKL)
According to the 24-hour chart, there is a support level at 7.24, which, if violated, would cause prices to drop to 7.05. In the upper region, resistance lies at 7.79. The next price resistance is at 8.15. RSI (Relative Strength Index) is 46.04 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.09, which suggests the price will decrease in the coming days. Percent R is at 94.37%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
