SunOpta (TSE:SOY) Share Price Crosses Below 200 Day Moving Average of $8.07

SunOpta Inc. (TSE:SOY) (NASDAQ:STKL) 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 changing hands.

SunOpta Stock Down 3.3 %

The company has a current ratio of 1.22, a quick ratio of 0.49 and a debt-to-equity ratio of 214.17. The stock has a market capitalization of C$845.35 million, a P/E ratio of -34.52, a P/E/G ratio of 3.16 and a beta of 1.73. The business has a 50-day moving average price of C$7.74 and a 200 day moving average price of C$8.07.

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