Lassonde Industries (TSE:LAS.A) Reaches New 12-Month High - Time to Buy?

Lassonde Industries Inc (TSE:LAS.A - Get Free Report) shares reached a new 52-week high on Tuesday . The company traded as high as C$191.37 and last traded at C$191.37, with a volume of 3084 shares trading hands. The stock had previously closed at C$187.51.

Analyst Ratings Changes

Separately, Stifel Nicolaus raised their price target on shares of Lassonde Industries from C$220.00 to C$225.00 in a research report on Monday, November 11th.

Lassonde Industries Price Performance

The company has a market cap of C$587.51 million, a price-to-earnings ratio of 12.72 and a beta of -0.15. The company has a current ratio of 1.78, a quick ratio of 0.55 and a debt-to-equity ratio of 19.88. The business has a 50-day moving average price of C$178.43 and a 200 day moving average price of C$170.01.

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.