Lassonde Industries Inc (TSE:LAS.A - Get Free Report) shares hit a new 52-week high during trading on Friday . The stock traded as high as C$186.02 and last traded at C$186.02, with a volume of 5231 shares. The stock had previously closed at C$175.50.
Wall Street Analyst Weigh In
Several research analysts have recently issued reports on the stock. Stifel Nicolaus set a C$220.00 price objective on shares of Lassonde Industries and gave the company a "buy" rating in a report on Wednesday, October 23rd. Desjardins lifted their target price on shares of Lassonde Industries from C$175.00 to C$190.00 and gave the company a "hold" rating in a research note on Monday, August 12th. Finally, National Bankshares lifted their target price on shares of Lassonde Industries from C$181.00 to C$187.00 and gave the company an "outperform" rating in a research note on Monday, August 12th.
View Our Latest Report on LAS.A
Lassonde Industries Stock Performance
The stock has a market capitalization of C$586.34 million, a PE ratio of 12.69 and a beta of -0.15. The company has a debt-to-equity ratio of 19.88, a current ratio of 1.78 and a quick ratio of 0.55. The business's fifty day moving average price is C$174.88 and its 200-day moving average price is C$160.32.
Insider Transactions at Lassonde Industries
In related news, Director Luc Doyon purchased 500 shares of the company's stock in a transaction that occurred on Tuesday, August 13th. The stock was bought at an average price of C$175.00 per share, for a total transaction of C$87,500.00. Following the completion of the transaction, the director now owns 500 shares in the company, valued at approximately C$87,500. Company insiders own 2.19% of the company's stock.
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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