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

SunOpta logo with Consumer Defensive background
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SunOpta Inc. (TSE:SOY - Get Free Report) NASDAQ: STKL shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$9.62 and traded as low as C$5.44. SunOpta shares last traded at C$5.65, with a volume of 39,771 shares trading hands.

SunOpta Price Performance

The company has a current ratio of 1.20, a quick ratio of 0.49 and a debt-to-equity ratio of 252.92. The stock has a market capitalization of C$456.87 million, a PE ratio of -25.04, a PEG ratio of 3.16 and a beta of 1.83. The business has a fifty day moving average price of C$8.27 and a 200-day moving average price of C$9.47.

About SunOpta

(Get Free Report)

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.

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