Lassonde Industries (TSE:LAS.A) Hits New 1-Year High – Here’s Why

Lassonde Industries Inc (TSE:LAS.AGet Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$208.92 and last traded at C$197.17, with a volume of 1678 shares traded. The stock had previously closed at C$203.32.

Lassonde Industries Stock Down 3.0 %

The company has a quick ratio of 0.55, a current ratio of 1.78 and a debt-to-equity ratio of 19.88. The company has a market capitalization of C$605.31 million, a price-to-earnings ratio of 13.10 and a beta of -0.15. The business has a 50-day moving average price of C$186.08 and a 200-day moving average price of C$180.48.

Lassonde Industries Company Profile

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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.

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