SunOpta (TSE:SOY) Stock Passes Below 200 Day Moving Average of $8.07

SunOpta Inc. (TSE:SOY) (NASDAQ:STKL)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$8.07 and traded as low as C$7.30. SunOpta shares last traded at C$7.36, with a volume of 27,965 shares trading hands.

SunOpta Stock Down 3.7 %

The company has a quick ratio of 0.49, a current ratio of 1.22 and a debt-to-equity ratio of 214.17. The stock has a market capitalization of C$858.18 million, a price-to-earnings ratio of -35.05, a price-to-earnings-growth ratio of 3.16 and a beta of 1.73. The stock has a 50 day moving average price of C$7.81 and a 200 day moving average price of C$8.07.

SunOpta (TSE:SOY) (NASDAQ:STKL) last issued its quarterly earnings results on Wednesday, May 8th. The company reported C$0.03 EPS for the quarter, hitting analysts’ consensus estimates of C$0.03. The company had revenue of C$246.51 million for the quarter, compared to analyst estimates of C$223.99 million. SunOpta had a negative net margin of 26.43% and a negative return on equity of 5.79%. As a group, analysts forecast that SunOpta Inc. will post 0.0729076 EPS for the current year.

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.