Saputo (OTCMKTS:SAPIF) Share Price Passes Below 200-Day Moving Average – Time to Sell?

Saputo Inc. (OTCMKTS:SAPIFGet Free Report)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $19.42 and traded as low as $17.20. Saputo shares last traded at $17.20, with a volume of 387 shares trading hands.

Saputo Price Performance

The company has a 50-day moving average price of $17.04 and a 200-day moving average price of $19.42.

About Saputo

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Saputo Inc produces, markets, and distributes dairy products in Canada, the United States, Argentina, Australia, and the United Kingdom. The company offers mozzarella and cheddar; ricotta, provolone, blue, parmesan, goat cheese, feta, romano, Havarti, and soft cheeses; brie and camembert fine cheeses; and other cheeses, such brick, colby, farmer, munster, monterey jack, fresh curd, and processed cheeses.

Further Reading

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