SunOpta (TSE:SOY) Stock Crosses Below 200-Day Moving Average – What’s Next?

SunOpta Inc. (TSE:SOY) (NASDAQ:STKL)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$9.75 and traded as low as C$7.56. SunOpta shares last traded at C$7.73, with a volume of 23,348 shares changing hands.

SunOpta Price Performance

The firm has a 50-day moving average of C$9.79 and a 200 day moving average of C$9.75. The company has a market capitalization of C$641.12 million, a PE ratio of -35.14, 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

SunOpta Inc engages in manufacture and sale of plant-based and fruit-based food and beverage products in the United States, Canada, and internationally. The company provides plant-based beverages utilizing oat, almond, soy, coconut, rice, hemp, and other bases under the Dream and West Life brands; oat-based creamers under the SOWN brand; ready-to-drink protein shakes; and nut, grain, seed, and legume based beverages; packaged teas and concentrates; and meat and vegetable broths and stocks.