Leatt (OTCMKTS:LEAT) Announces Earnings Results

Key Points

• Leatt Corporation reported quarterly earnings of $0.18 per share, with a return on equity of 4.96% and a net margin of 3.51%.
• The company’s stock saw a 1.1% increase, trading at $11.00, with a market capitalization of $68.42 million and a PE ratio of 36.67.
• Leatt is involved in the design and distribution of personal protective equipment, notably the Leatt-Brace system, aimed at preventing neck injuries in motor sports.

Leatt (OTCMKTS:LEAT - Get Free Report) released its quarterly earnings data on Thursday. The company reported $0.18 earnings per share for the quarter, Zacks reports. Leatt had a return on equity of 4.96% and a net margin of 3.51%.

Leatt Stock Up 1.1%

Shares of OTCMKTS LEAT traded up $0.12 during trading on Friday, reaching $11.00. 1,533 shares of the company traded hands, compared to its average volume of 3,722. The firm has a 50 day simple moving average of $9.11 and a 200-day simple moving average of $7.67. The stock has a market capitalization of $68.42 million, a PE ratio of 36.67 and a beta of 1.18. Leatt has a 52-week low of $5.01 and a 52-week high of $11.44.

About Leatt

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.

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