Leatt (OTCMKTS:LEAT) Issues Earnings Results

Leatt (OTCMKTS:LEAT) announced its earnings results on Thursday. The company reported $0.08 earnings per share for the quarter, Zacks reports. Leatt had a return on equity of 4.90% and a net margin of 3.51%.

Leatt Stock Down 18.0%

Shares of OTCMKTS LEAT opened at $10.00 on Friday. Leatt has a fifty-two week low of $5.01 and a fifty-two week high of $14.50. The business has a 50 day moving average price of $12.09 and a two-hundred day moving average price of $10.03. The firm has a market cap of $62.18 million, a PE ratio of 33.33 and a beta of 1.00.

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.