SunOpta (TSE:SOY) Stock Price Passes Below 200 Day Moving Average – Here’s What Happened

SunOpta Inc. (TSE:SOYGet Free Report) (NASDAQ:STKL) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$8.02 and traded as low as C$7.84. SunOpta shares last traded at C$7.87, with a volume of 52,487 shares trading hands.

SunOpta Trading Down 2.1%

The business’s 50 day simple moving average is C$8.43 and its two-hundred day simple moving average is C$8.02. The stock has a market cap of C$930.12 million, a P/E ratio of -131.17, a PEG ratio of 3.16 and a beta of 2.22. The company has a quick ratio of 0.49, a current ratio of 1.20 and a debt-to-equity ratio of 252.92.

About SunOpta

(Get Free Report)

SunOpta Inc is a Canadian company that focuses on a healthy product portfolio. The company’s operating segment includes Plant-Based Foods and Beverages and Fruit-Based Foods and Beverages. It generates maximum revenue from the Plant-Based Foods and Beverages segment. 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.

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