Leon’s Furniture Limited (TSE:LNF) Senior Officer John Andrew Cooney Sells 4,000 Shares of Stock

Leon’s Furniture Limited (TSE:LNF) Senior Officer John Andrew Cooney sold 4,000 shares of the stock in a transaction dated Monday, June 30th. The stock was sold at an average price of C$27.51, for a total transaction of C$110,040.00.

Leon’s Furniture Trading Down 4.0%

Shares of TSE LNF opened at C$26.86 on Friday. The business has a 50 day simple moving average of C$26.38 and a 200 day simple moving average of C$25.09. The company has a debt-to-equity ratio of 38.14, a quick ratio of 0.53 and a current ratio of 1.38. Leon’s Furniture Limited has a 52 week low of C$20.51 and a 52 week high of C$30.64. The stock has a market cap of C$1.85 billion, a price-to-earnings ratio of 14.01 and a beta of 0.82.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets upped their target price on shares of Leon’s Furniture from C$28.00 to C$29.00 in a report on Monday, May 12th. Three analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$30.00.

About Leon’s Furniture

Leon’s Furniture Ltd is a Canada-based retailer which is involved in the sale of home furnishing, mattresses, appliances, and electronics. The firm is also the country’s commercial retailer of appliances to builders, developers, hotels, and property management companies. It generates maximum revenue from sales of goods by corporate stores.