Lassonde Industries (TSE:LAS.A) Hits New 12-Month High at $168.00

Lassonde Industries Inc (TSE:LAS.A)’s share price hit a new 52-week high on Friday . The stock traded as high as C$168.00 and last traded at C$168.00, with a volume of 989 shares. The stock had previously closed at C$158.90.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. National Bankshares lowered their price target on Lassonde Industries from C$182.00 to C$181.00 in a research note on Wednesday, July 10th. Canaccord Genuity Group upped their target price on shares of Lassonde Industries from C$175.00 to C$180.00 and gave the stock a “buy” rating in a research note on Monday, June 24th.

Lassonde Industries Trading Up 5.7 %

The firm has a market cap of C$515.76 million, a P/E ratio of 12.17 and a beta of -0.16. The business has a 50 day moving average of C$150.89 and a two-hundred day moving average of C$149.05. The company has a current ratio of 1.72, a quick ratio of 0.55 and a debt-to-equity ratio of 21.56.

Lassonde Industries Company Profile

Lassonde Industries Inc, together with its subsidiaries, develops, manufactures, and markets various ready-to-drink fruit and vegetable juices and drinks in Canada, the United States, and internationally. The company also offers cranberry sauces; and develops, manufactures, and markets specialty food products, including fondue broths and sauces, packaged corn-on-the-cob, and pasta sauces.