SunOpta (TSE:SOY) Stock Price Passes Below Two Hundred Day Moving Average of $3.71

SunOpta, Inc. (TSE:SOY) (NASDAQ:STKL) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $3.71 and traded as low as $3.48. SunOpta shares last traded at $3.80, with a volume of 49,739 shares.

Separately, BMO Capital Markets decreased their target price on shares of SunOpta from C$6.00 to C$4.50 in a research note on Thursday, August 8th.

The firm has a market cap of $322.10 million and a price-to-earnings ratio of -3.20. The firm’s 50 day moving average price is C$2.54 and its two-hundred day moving average price is C$3.70. The company has a debt-to-equity ratio of 270.73, a current ratio of 1.21 and a quick ratio of 0.32.

About SunOpta (TSE:SOY)

SunOpta Inc sources non-genetically modified (non-GMO) and organic ingredients; and manufactures food and beverage products in the United States, Canada, Europe, and internationally. The company operates through Global Ingredients and Consumer Products segments. The Global Ingredients segment offers organic fruit- and vegetable-based raw materials and ingredients, sweeteners, cocoa, coffees, ancient grains, nuts, seeds and pulses, and other organic food products; identity preserved, non-GMO, and organic seeds and grains, including soy, corn, and sunflower; and seed and grain-based animal feed, and pet food products.

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