Lassonde Industries (TSE:LAS.A) Shares Down 0.8%

Lassonde Industries Inc (TSE:LAS.A)’s share price dropped 0.8% during mid-day trading on Thursday . The stock traded as low as C$178.73 and last traded at C$178.73, approximately 274 shares traded hands during trading. A decline of 89% from the average daily volume of 2,516 shares. The stock had previously closed at C$180.25.

The stock has a 50 day simple moving average of C$193.63. The company has a quick ratio of 0.65, a current ratio of 1.70 and a debt-to-equity ratio of 48.30. The company has a market cap of $573.43 million and a PE ratio of 19.21.

About Lassonde Industries (TSE:LAS.A)

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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