SunOpta (TSE:SOY) Shares Cross Below 200-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$7.80 and traded as low as C$5.11. SunOpta shares last traded at C$5.21, with a volume of 114,217 shares trading hands.

SunOpta Stock Performance

The company has a debt-to-equity ratio of 252.92, a quick ratio of 0.49 and a current ratio of 1.20. The company has a market cap of C$615.91 million, a PE ratio of 521.00, a price-to-earnings-growth ratio of 3.16 and a beta of 2.21. The company’s 50 day moving average price is C$6.65 and its 200-day moving average price is C$7.80.

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

SunOpta Company Profile

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.