Free Trial

SunOpta (TSE:SOY) Share Price Crosses Below Two Hundred Day Moving Average - Here's Why

SunOpta logo with Consumer Defensive background

Key Points

  • SunOpta Inc. shares fell below their 200-day moving average of C$8.25, hitting a low of C$7.61 before closing at C$7.89.
  • The company has a high debt-to-equity ratio of 252.92, which may raise concerns about its financial stability.
  • SunOpta focuses on a healthy product portfolio, primarily generating revenue from its Plant-Based Foods and Beverages segment.
  • Interested in SunOpta? Here are five stocks we like better.

SunOpta Inc. (TSE:SOY - Get Free Report) NASDAQ: STKL's stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$8.25 and traded as low as C$7.61. SunOpta shares last traded at C$7.89, with a volume of 89,329 shares changing hands.

SunOpta Stock Down 2.1%

The business's 50 day moving average is C$8.32 and its 200-day moving average is C$8.25. The company has a debt-to-equity ratio of 252.92, a quick ratio of 0.49 and a current ratio of 1.20. The firm has a market capitalization of C$657.80 million, a price-to-earnings ratio of -36.06, a price-to-earnings-growth ratio of 3.16 and a beta of 1.83.

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.

Featured Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in SunOpta Right Now?

Before you consider SunOpta, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SunOpta wasn't on the list.

While SunOpta currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Value Plays Set to Explode
5 Stocks to BUY NOW in August 2025
The $2.5B Merger No One Is Talking About

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines