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SunOpta (TSE:SOY) Stock Crosses Below Two Hundred Day Moving Average - Here's What Happened

SunOpta logo with Consumer Defensive background

SunOpta Inc. (TSE:SOY - Get Free Report) NASDAQ: STKL crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$9.09 and traded as low as C$8.16. SunOpta shares last traded at C$8.57, with a volume of 37,090 shares trading hands.

SunOpta Price Performance

The stock's 50 day simple moving average is C$6.83 and its 200-day simple moving average is C$9.07. 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 has a market capitalization of C$706.15 million, a price-to-earnings ratio of -38.71, 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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