Lassonde Industries (TSE:LAS.A) Reaches New 52-Week High – Should You Buy?

Lassonde Industries Inc (TSE:LAS.AGet Free Report)’s share price hit a new 52-week high on Wednesday . The stock traded as high as C$195.00 and last traded at C$195.00, with a volume of 845 shares traded. The stock had previously closed at C$190.27.

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 business’s 50 day moving average is C$185.48 and its two-hundred day moving average is C$179.77. The company has a market cap of C$610.29 million, a PE ratio of 13.21 and a beta of -0.15.

About Lassonde Industries

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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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