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SunOpta (TSE:SOY) Stock Price Passes Below 200 Day Moving Average - Should You Sell?

SunOpta logo with Consumer Defensive background

Shares of SunOpta Inc. (TSE:SOY - Get Free Report) NASDAQ: STKL crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$8.43 and traded as low as C$8.20. SunOpta shares last traded at C$8.29, with a volume of 41,876 shares traded.

SunOpta Stock Performance

The company has a debt-to-equity ratio of 252.92, a current ratio of 1.20 and a quick ratio of 0.49. The stock's 50-day simple moving average is C$8.30 and its 200 day simple moving average is C$8.41. The stock has a market capitalization of C$717.82 million, a P/E ratio of -39.35, a PEG 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.

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