SunOpta (TSE:SOY) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

SunOpta Inc. (TSE:SOYGet Free Report) (NASDAQ:STKL)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$9.15 and traded as low as C$8.61. SunOpta shares last traded at C$8.81, with a volume of 27,200 shares traded.

SunOpta Stock Up 2.0%

The firm has a market capitalization of C$734.50 million, a PE ratio of -40.26, a P/E/G ratio of 3.16 and a beta of 1.83. The stock has a 50-day simple moving average of C$6.71 and a 200-day simple moving average of C$9.15. The company has a quick ratio of 0.49, a current ratio of 1.20 and a debt-to-equity ratio of 252.92.

SunOpta Company Profile

(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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