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SunOpta (TSE:SOY) Stock Passes Below Two Hundred Day Moving Average - What's Next?

SunOpta logo with Consumer Defensive background

SunOpta Inc. (TSE:SOY - Get Free Report) NASDAQ: STKL shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$8.90 and traded as low as C$7.98. SunOpta shares last traded at C$8.22, with a volume of 55,603 shares trading hands.

SunOpta Trading Up 1.2%

The stock has a 50 day moving average of C$7.20 and a 200 day moving average of C$8.82. The firm has a market cap of C$681.97 million, a P/E ratio of -37.38, a PEG ratio of 3.16 and a beta of 1.83. The company has a debt-to-equity ratio of 252.92, a current ratio of 1.20 and a quick ratio of 0.49.

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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