Lassonde Industries (TSE:LAS.A) Stock Crosses Below 200 Day Moving Average of $143.31

Lassonde Industries Inc (TSE:LAS.A) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$143.31 and traded as low as C$141.00. Lassonde Industries shares last traded at C$141.82, with a volume of 3,882 shares changing hands.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Desjardins upped their target price on Lassonde Industries from C$150.00 to C$175.00 and gave the company a “hold” rating in a research report on Monday, March 25th. National Bankshares upped their target price on Lassonde Industries from C$173.00 to C$174.00 and gave the company an “outperform” rating in a research report on Monday, March 25th.

Lassonde Industries Stock Performance

The company has a current ratio of 1.71, a quick ratio of 0.55 and a debt-to-equity ratio of 21.54. The firm has a market capitalization of C$435.39 million, a price-to-earnings ratio of 11.05 and a beta of -0.16. The company has a 50-day moving average of C$149.00 and a 200-day moving average of C$143.42.

About Lassonde Industries

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.