Lassonde Industries Inc (TSE:LAS.A - Get Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$177.12 and traded as low as C$176.27. Lassonde Industries shares last traded at C$179.96, with a volume of 1,758 shares changing hands.
Analysts Set New Price Targets
Separately, Stifel Nicolaus boosted their target price on shares of Lassonde Industries from C$220.00 to C$225.00 in a report on Monday, November 11th.
Check Out Our Latest Stock Analysis on Lassonde Industries
Lassonde Industries Stock Performance
The stock has a market cap of C$552.48 million, a P/E ratio of 11.96 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 stock has a 50 day simple moving average of C$177.24 and a 200 day simple moving average of C$168.34.
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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