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Leatt (OTCMKTS:LEAT) Stock Crosses Above 50 Day Moving Average - Time to Sell?

Leatt logo with Consumer Discretionary background

Shares of Leatt Co. (OTCMKTS:LEAT - Get Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $6.49 and traded as high as $8.24. Leatt shares last traded at $8.24, with a volume of 2,220 shares traded.

Leatt Stock Up 6.5%

The stock has a market cap of $52.85 million, a price-to-earnings ratio of -17.00 and a beta of 1.01. The stock has a 50 day simple moving average of $6.55 and a 200 day simple moving average of $7.00.

Leatt (OTCMKTS:LEAT - Get Free Report) last issued its quarterly earnings data on Wednesday, May 14th. The company reported $0.17 earnings per share (EPS) for the quarter. The firm had revenue of $15.37 million during the quarter. Leatt had a negative net margin of 7.54% and a negative return on equity of 8.20%.

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.

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