Leatt (OTCMKTS:LEAT) Issues Earnings Results

Leatt (OTCMKTS:LEAT) released its earnings results on Friday. The company reported ($0.16) earnings per share (EPS) for the quarter, reports. The business had revenue of $10.08 million for the quarter. Leatt had a negative return on equity of 2.56% and a negative net margin of 2.32%.

Leatt Price Performance

Shares of LEAT traded up $0.04 during midday trading on Friday, reaching $7.55. The stock had a trading volume of 22,236 shares, compared to its average volume of 4,917. Leatt has a 1-year low of $5.50 and a 1-year high of $16.00. The company’s fifty day simple moving average is $6.80 and its two-hundred day simple moving average is $7.76. The company has a market cap of $46.92 million, a price-to-earnings ratio of -44.41 and a beta of 1.34.

Leatt Company Profile

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.