Shares of Natural Grocers by Vitamin Cottage, Inc. on Wednesday fell more than 3 percent to hit a new 52-week low of $8.40.
The Lakewood, Colo.-based organic and natural grocery chain (NYSE:NGVC) of 153 stores in 19 states saw its stock, which has a 52-week high of $24.50, close Wednesday at $8.44. The company has a market cap of $189.5 million.
Earlier this month, NGVC rolled out a new ranking system that identifies meat and seafood products as bronze, silver and gold.
Meanwhile, shares of organic food processor SunOpta Inc. continue to fall to new 10-year lows. The company’s stock closed Wednesday at $1.36, after falling to $1.30 – its lowest since spring of 2009. The company’s shares have a 52-week high of $7.74. SunOpta has a market cap of $119.6 million.
Toronto-based SunOpta (NASDAQ:STKL) is a vertically integrated company involved in the sourcing, processing and packaging of organic and non-GMO value-added grain, seed, fruit and vegetable-based food products such as frozen fruit and plant-based beverages, as well as fruit snacks and nutrition bars for retail, foodservice and branded food customers.
In August, SunOpta reported a second quarter adjusted loss of $9 million, or $0.10 per share, on revenues of $293 million, down 8.2 percent.