SunOpta (TSE:SOY) Share Price Passes Below 200 Day Moving Average of $7.68

SunOpta Inc. (TSE:SOY) (NASDAQ:STKL) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$7.68 and traded as low as C$7.50. SunOpta shares last traded at C$7.77, with a volume of 103,865 shares.

SunOpta Stock Performance

The company has a market cap of C$901.94 million, a P/E ratio of -26.79, a PEG ratio of 3.16 and a beta of 1.73. The business’s 50 day simple moving average is C$8.84 and its 200 day simple moving average is C$7.68. The company has a current ratio of 1.19, a quick ratio of 0.49 and a debt-to-equity ratio of 226.02.

SunOpta (TSE:SOY) (NASDAQ:STKL) last released its quarterly earnings data on Wednesday, February 28th. The company reported C$0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.01 by C$0.06. The firm had revenue of C$247.29 million for the quarter, compared to analysts’ expectations of C$227.30 million. SunOpta had a negative net margin of 27.77% and a negative return on equity of 8.38%. Sell-side analysts predict that SunOpta Inc. will post 0.0729076 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Joseph Ennen sold 12,838 shares of the business’s stock in a transaction on Thursday, March 14th. The shares were sold at an average price of C$6.90, for a total value of C$88,518.01. 3.81% of the stock is currently owned by company insiders.

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.