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SunOpta (TSE:SOY) Shares Pass Above 50-Day Moving Average - Here's What Happened

SunOpta logo with Consumer Defensive background

SunOpta Inc. (TSE:SOY - Get Free Report) NASDAQ: STKL's stock price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$7.71 and traded as high as C$8.29. SunOpta shares last traded at C$7.87, with a volume of 43,872 shares trading hands.

SunOpta Stock Performance

The company has a quick ratio of 0.49, a current ratio of 1.20 and a debt-to-equity ratio of 252.92. The business has a 50 day moving average price of C$7.81 and a 200 day moving average price of C$8.61. The stock has a market cap of C$690.31 million, a P/E ratio of -37.84, a PEG ratio of 3.16 and a beta of 1.83.

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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