Leatt Corp. (OTCMKTS:LEAT – Get Free Report) shares passed above its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $11.00 and traded as high as $11.3550. Leatt shares last traded at $11.20, with a volume of 27,947 shares traded.
Leatt Stock Up 5.7%
The company has a 50 day simple moving average of $11.21 and a two-hundred day simple moving average of $11.00. The company has a market capitalization of $69.66 million, a P/E ratio of 13.49 and a beta of 0.81.
Leatt (OTCMKTS:LEAT – Get Free Report) last released its earnings results on Thursday, November 12th. The company reported $0.34 earnings per share for the quarter. The firm had revenue of $20.46 million for the quarter. Leatt had a return on equity of 12.21% and a net margin of 7.39%.
About Leatt
Leatt Corporation designs, develops and markets protective equipment and apparel for powersports and cycling. Its products are intended for activities such as motocross and mountain biking, where riders need equipment to help protect against injury. The company’s range includes neck braces, helmets, body armor and other protective gear, as well as riding apparel and accessories. Leatt is particularly known for its neck-brace products, which were developed by founder Dr. Chris Leatt. Founded in 2004, Leatt serves customers internationally through a network of distributors and retailers.
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