Lassonde Industries (OTCMKTS:LSDAF) Trading Up 13.3% – Still a Buy?

Lassonde Industries Inc. (OTCMKTS:LSDAFGet Free Report) rose 13.3% during mid-day trading on Friday . The stock traded as high as $138.35 and last traded at $138.35. Approximately 10 shares changed hands during trading, a decline of 90% from the average daily volume of 101 shares. The stock had previously closed at $122.08.

Lassonde Industries Stock Performance

The business’s 50 day simple moving average is $127.42 and its 200 day simple moving average is $127.03.

About Lassonde Industries

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Lassonde Industries Inc, together with its subsidiaries, develops, manufactures, and markets a range of ready-to-drink beverages, fruit-based snacks, and frozen juice concentrates in Canada, the United States, and internationally. The company also provides cranberry sauces; and specialty food products, such as pasta sauces, soups, and fondue broths and sauces.

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