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Leatt (OTCMKTS:LEAT) Share Price Crosses Above 50-Day Moving Average - Here's Why

Leatt logo with Consumer Discretionary background

Key Points

  • Leatt Corp.'s stock price has recently exceeded its 50-day moving average of $11.27, trading as high as $13.01 with a volume of 303 shares.
  • The company's market capitalization stands at $80.90 million and it reported an earnings per share (EPS) of $0.18 for the last quarter.
  • Leatt specializes in developing and distributing personal protective equipment, including its well-known Leatt-Brace system, aimed at preventing neck injuries in motorsports and leisure activities.
  • Interested in Leatt? Here are five stocks we like better.

Leatt Corp. (OTCMKTS:LEAT - Get Free Report)'s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $11.27 and traded as high as $13.01. Leatt shares last traded at $13.01, with a volume of 303 shares.

Leatt Stock Down 0.5%

The stock has a market cap of $79.31 million, a price-to-earnings ratio of 42.50 and a beta of 0.94. The stock's 50 day moving average price is $11.56 and its two-hundred day moving average price is $8.78.

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

Leatt Company Profile

(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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