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Lassonde Industries (TSE:LAS.A) Share Price Crosses Above 50 Day Moving Average - Here's What Happened

Lassonde Industries logo with Consumer Defensive background

Shares of Lassonde Industries Inc (TSE:LAS.A - Get Free Report) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$180.12 and traded as high as C$188.99. Lassonde Industries shares last traded at C$188.99, with a volume of 1,163 shares trading hands.

Analyst Ratings Changes

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

View Our Latest Analysis on Lassonde Industries

Lassonde Industries Price Performance

The company has a market cap of C$571.02 million, a P/E ratio of 12.36 and a beta of -0.15. The firm's 50-day moving average is C$180.31 and its two-hundred day moving average is C$172.06. The company has a debt-to-equity ratio of 19.88, a current ratio of 1.78 and a quick ratio of 0.55.

About Lassonde Industries

(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.

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