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

Leatt logo with Consumer Discretionary background

Key Points

  • Leatt Corp. (OTCMKTS:LEAT) shares fell below their 50-day moving average of $12.44, trading down to $11.84 with a volume of 2,689 shares.
  • The company reported a quarterly earnings per share (EPS) of $0.18 on August 7th, with a net margin of 3.51% and a return on equity of 4.90%.
  • Leatt Corporation specializes in designing and distributing personal protective gear for motor sports and leisure, notably the Leatt-Brace system aimed at preventing neck injuries.
  • MarketBeat previews top five stocks to own in November.

Leatt Corp. (OTCMKTS:LEAT - Get Free Report) shares passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $12.44 and traded as low as $11.84. Leatt shares last traded at $11.84, with a volume of 2,689 shares.

Leatt Price Performance

The stock has a market cap of $73.64 million, a price-to-earnings ratio of 39.47 and a beta of 1.03. The firm's 50-day moving average is $12.44 and its 200 day moving average is $9.49.

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

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

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