Leatt (OTCMKTS:LEAT) Stock Crosses Above 50 Day Moving Average – Here’s What Happened

Leatt Co. (OTCMKTS:LEATGet Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $6.49 and traded as high as $8.24. Leatt shares last traded at $8.24, with a volume of 2,220 shares trading hands.

Leatt Price Performance

The business has a 50 day moving average of $6.49 and a 200 day moving average of $7.01. The firm has a market capitalization of $51.25 million, a price-to-earnings ratio of -16.48 and a beta of 1.01.

Leatt (OTCMKTS:LEATGet Free Report) last issued its earnings results on Wednesday, May 14th. The company reported $0.17 earnings per share for the quarter. Leatt had a negative net margin of 7.54% and a negative return on equity of 8.20%. The business had revenue of $15.37 million for the quarter.

Leatt Company Profile

(Get Free Report)

Leatt Corporation designs, develops, markets, and distributes personal protective equipment for participants of motor sports and leisure activities worldwide. The company offers Leatt-Brace system, an injection molded neck protection system designed to prevent injuries to the cervical spine and neck.

Further Reading

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