SunOpta (TSE:SOY) Stock Passes Below 200-Day Moving Average of $8.02

SunOpta Inc. (TSE:SOY) (NASDAQ:STKL)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$8.02 and traded as low as C$7.25. SunOpta shares last traded at C$7.29, with a volume of 32,262 shares changing hands.

SunOpta Stock Performance

The stock has a market cap of C$850.01 million, a PE ratio of -34.71, a P/E/G ratio of 3.16 and a beta of 1.73. The company has a debt-to-equity ratio of 214.17, a current ratio of 1.22 and a quick ratio of 0.49. The stock has a 50-day simple moving average of C$7.92 and a 200-day simple moving average of C$8.02.

SunOpta (TSE:SOY) (NASDAQ:STKL) last posted its quarterly earnings results on Wednesday, May 8th. The company reported C$0.03 EPS for the quarter, meeting the consensus estimate of C$0.03. SunOpta had a negative net margin of 26.43% and a negative return on equity of 5.79%. The firm had revenue of C$246.51 million for the quarter, compared to analyst estimates of C$223.99 million. Equities analysts predict that SunOpta Inc. will post 0.0729076 earnings per share for the current fiscal year.

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.