Free Trial

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

Leatt logo with Consumer Discretionary background

Key Points

  • Leatt Corp. shares surged past their 50-day moving average of $8.71 to reach a high of $10.00 during trading on Thursday.
  • The company reported $0.17 EPS and $15.37 million in revenue for the last quarter, but experienced a negative return on equity of 0.69%.
  • Leatt specializes in designing and distributing personal protective equipment for motor sports and leisure activities, including the Leatt-Brace system aimed at preventing cervical spine injuries.
  • Five stocks to consider instead of Leatt.
  • Limited Time Offer: Unlock powerful research tools, advanced financial data, and expert insights to help you invest with confidence. Save 50% when you upgrade to MarketBeat All Access during the month of July. Claim your discount here.

Leatt Corp. (OTCMKTS:LEAT - Get Free Report) shares passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $8.71 and traded as high as $10.00. Leatt shares last traded at $10.00, with a volume of 1,170 shares trading hands.

Leatt Price Performance

The firm has a market cap of $62.20 million, a P/E ratio of -250.00 and a beta of 1.16. The stock has a 50 day moving average of $8.71 and a 200 day moving average of $7.44.

Leatt (OTCMKTS:LEAT - Get Free Report) last released its earnings results on Wednesday, May 14th. The company reported $0.17 EPS for the quarter. The business had revenue of $15.37 million for the quarter. Leatt had a negative return on equity of 0.69% and a negative net margin of 0.55%.

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.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Leatt Right Now?

Before you consider Leatt, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Leatt wasn't on the list.

While Leatt currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Options Trading Made Easy - Download Now Cover

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 “Boring” Mega Cap Stocks to Turn Into Pure Profit
Joby vs. Archer: The $10 Billion eVTOL Battle
3 Small-Cap Biotech Stocks With Catalysts Too Big to Ignore

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines