Saputo (OTCMKTS:SAPIF) Stock Crosses Below 200 Day Moving Average – Should You Sell?

Saputo Inc. (OTCMKTS:SAPIFGet Free Report) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $18.51 and traded as low as $17.21. Saputo shares last traded at $17.21, with a volume of 127,644 shares changing hands.

Saputo Trading Down 4.1 %

The stock’s 50-day moving average is $17.17 and its two-hundred day moving average is $18.48.

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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