Saputo (OTCMKTS:SAPIF) Stock Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

Saputo Inc. (OTCMKTS:SAPIFGet Free Report)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $18.70 and traded as low as $17.88. Saputo shares last traded at $17.88, with a volume of 55,449 shares trading hands.

Saputo Stock Performance

The company’s 50 day moving average price is $16.97 and its 200-day moving average price is $18.69.

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.

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