Lassonde Industries (TSE:LAS.A) Stock Price Down 0.6% – Should You Sell?

Lassonde Industries Inc (TSE:LAS.A) was down 0.6% on Tuesday . The stock traded as low as C$176.70 and last traded at C$178.00. Approximately 1,523 shares were traded during mid-day trading, a decline of 20% from the average daily volume of 1,893 shares. The stock had previously closed at C$179.00.

Analyst Upgrades and Downgrades

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

Lassonde Industries Stock Performance

The business has a 50-day moving average of C$176.96 and a two-hundred day moving average of C$165.63. The company has a debt-to-equity ratio of 19.88, a current ratio of 1.78 and a quick ratio of 0.55. The company has a market cap of C$539.03 million, a P/E ratio of 11.83 and a beta of -0.15.

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.