Leon's Furniture Limited (TSE:LNF - Get Free Report)'s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$24.99 and traded as high as C$28.04. Leon's Furniture shares last traded at C$27.33, with a volume of 9,327 shares trading hands.
Analyst Ratings Changes
A number of equities research analysts have recently commented on the stock. Stifel Nicolaus reduced their target price on shares of Leon's Furniture from C$30.00 to C$27.00 and set a "hold" rating for the company in a report on Wednesday, February 26th. Royal Bank Of Canada reduced their target price on shares of Leon's Furniture from C$32.00 to C$31.00 and set an "outperform" rating for the company in a report on Thursday, February 27th. Finally, BMO Capital Markets upped their target price on shares of Leon's Furniture from C$28.00 to C$29.00 in a report on Monday, May 12th. Three equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Leon's Furniture currently has a consensus rating of "Moderate Buy" and an average price target of C$30.00.
Get Our Latest Report on LNF
Leon's Furniture Trading Up 1.4%
The company has a debt-to-equity ratio of 38.14, a current ratio of 1.38 and a quick ratio of 0.53. The business's 50 day moving average price is C$25.47 and its 200-day moving average price is C$25.00. The firm has a market capitalization of C$1.87 billion, a price-to-earnings ratio of 14.16 and a beta of 0.82.
Insider Transactions at Leon's Furniture
In other news, Senior Officer John Andrew Cooney sold 3,300 shares of the business's stock in a transaction dated Friday, March 28th. The shares were sold at an average price of C$23.74, for a total transaction of C$78,354.87. Company insiders own 69.49% of the company's stock.
About Leon's Furniture
(
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Leon's Furniture Ltd is a Canada-based retailer which is involved in the sale of home furnishing, mattresses, appliances, and electronics. The firm is also the country's commercial retailer of appliances to builders, developers, hotels, and property management companies. It generates maximum revenue from sales of goods by corporate stores.
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