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

Lassonde Industries Inc (TSE:LAS.AGet Free Report) shares reached a new 52-week high during trading on Tuesday . The company traded as high as C$208.92 and last traded at C$197.17, with a volume of 1678 shares. The stock had previously closed at C$203.32.

Lassonde Industries Price Performance

The company has a fifty day moving average price of C$186.66 and a two-hundred day moving average price of C$180.90. The firm has a market capitalization of C$629.29 million, a PE ratio of 13.62 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.

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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