Free Trial

Lassonde Industries (TSE:LAS.A) Share Price Crosses Above Fifty Day Moving Average - What's Next?

Lassonde Industries logo with Consumer Defensive background

Lassonde Industries Inc (TSE:LAS.A - Get Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$180.85 and traded as high as C$184.45. Lassonde Industries shares last traded at C$184.45, with a volume of 939 shares trading hands.

Analysts Set New Price Targets

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

Get Our Latest Analysis on LAS.A

Lassonde Industries Stock Performance

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 company has a market cap of C$580.23 million, a price-to-earnings ratio of 12.56 and a beta of -0.15. The stock has a 50 day moving average price of C$181.54 and a two-hundred day moving average price of C$175.89.

Lassonde Industries Company Profile

(Get Free Report)

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.

See Also

Should You Invest $1,000 in Lassonde Industries Right Now?

Before you consider Lassonde Industries, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lassonde Industries wasn't on the list.

While Lassonde Industries currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors Cover

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: Will it Spark a Rally or Trigger a Sell-Off?
Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock
The EXACT Date of Next Stock Market Crash

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines