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

SunOpta Inc. (TSE:SOY) (NASDAQ:STKL)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$7.55 and traded as low as C$4.99. SunOpta shares last traded at C$5.19, with a volume of 59,850 shares.

SunOpta Trading Up 3.4%

The company’s 50 day moving average price is C$5.95 and its two-hundred day moving average price is C$7.55. 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$613.47 million, a PE ratio of 519.00, a P/E/G ratio of 3.16 and a beta of 2.21.

SunOpta (TSE:SOY) (NASDAQ:STKL) last announced its quarterly earnings data on Thursday, November 6th. The company reported C$0.05 earnings per share (EPS) for the quarter. The company had revenue of C$286.38 million during the quarter. SunOpta had a negative net margin of 2.74% and a negative return on equity of 11.64%. As a group, analysts expect that SunOpta Inc. will post 0.0729076 earnings per share for the current year.

About SunOpta

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. Fruit-Based Foods and Beverages include individually quick frozen(IQF) fruit for retail(including strawberries, mango), IQF and bulk frozen fruit for foodservice (including purees, fruit cups, and smoothies), and custom fruit preparations for industrial use.