Saputo (OTCMKTS:SAPIF) Share Price Passes Below 200-Day Moving Average – Here’s Why

Saputo Inc. (OTCMKTS:SAPIFGet Free Report) 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 traded.

Saputo Stock Performance

The firm’s 50-day simple moving average is $17.04 and its 200 day simple moving average is $19.40.

Saputo Company Profile

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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.

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