SunOpta (TSE:SOY) Shares Cross Below Two Hundred Day Moving Average – Should You Sell?

SunOpta Inc. (TSE:SOY) (NASDAQ:STKL)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$7.67 and traded as low as C$5.25. SunOpta shares last traded at C$5.25, with a volume of 52,796 shares trading hands.

SunOpta Trading Down 0.4%

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 business’s 50-day moving average is C$6.29 and its two-hundred day moving average is C$7.67. The firm has a market cap of C$620.56 million, a P/E ratio of 525.00, a P/E/G ratio of 3.16 and a beta of 2.21.

SunOpta (TSE:SOY) (NASDAQ:STKL) last posted its quarterly earnings data on Thursday, November 6th. The company reported C$0.05 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 predict that SunOpta Inc. will post 0.0729076 earnings per share for the current fiscal 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.