SunOpta (TSE:SOY) Stock Passes Below Two Hundred Day Moving Average – Time to Sell?

SunOpta Inc. (TSE:SOY) (NASDAQ:STKL)’s share price crossed 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 Trading Down 0.4 %

The stock has a market cap of C$641.12 million, a P/E ratio of -35.14, a PEG ratio of 3.16 and a beta of 1.83. The stock’s fifty day moving average price is C$9.79 and its 200 day moving average price is C$9.75. The company has a current ratio of 1.20, a quick ratio of 0.49 and a debt-to-equity ratio of 252.92.

About SunOpta

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.