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Leatt (OTCMKTS:LEAT) Shares Cross Below Fifty Day Moving Average - Here's What Happened

Leatt logo with Consumer Discretionary background

Key Points

  • Leatt Corp. shares have dropped below their fifty-day moving average of $12.25, trading at $12.15 with a volume of 937 shares.
  • The company reported $0.18 earnings per share in its latest quarterly earnings, with a return on equity of 4.90%.
  • Leatt Corporation specializes in designing and distributing personal protective equipment for motor sports and leisure activities globally.
  • Five stocks to consider instead of Leatt.

Leatt Corp. (OTCMKTS:LEAT - Get Free Report) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $12.25 and traded as low as $12.15. Leatt shares last traded at $12.15, with a volume of 937 shares changing hands.

Leatt Trading Down 0.4%

The company has a market cap of $75.58 million, a price-to-earnings ratio of 40.50 and a beta of 1.03. The company has a fifty day moving average price of $12.25 and a two-hundred day moving average price of $9.26.

Leatt (OTCMKTS:LEAT - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.18 earnings per share for the quarter. Leatt had a return on equity of 4.90% and a net margin of 3.51%.

About Leatt

(Get Free Report)

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.

Further Reading

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