Shares of Leon's Furniture Limited (TSE:LNF - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$24.94 and traded as high as C$28.36. Leon's Furniture shares last traded at C$28.09, with a volume of 25,420 shares.
Analyst Upgrades and Downgrades
LNF has been the subject of a number of research reports. Royal Bank of Canada lowered their target price on 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. 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. Finally, BMO Capital Markets raised their target price on shares of Leon's Furniture from C$28.00 to C$29.00 in a research report on Monday, May 12th. Three equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Leon's Furniture has an average rating of "Moderate Buy" and a consensus target price of C$30.00.
View Our Latest Stock Report on LNF
Leon's Furniture Stock Performance
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 company has a market cap of C$1.94 billion, a P/E ratio of 14.67 and a beta of 0.82. The stock's 50-day moving average price is C$24.83 and its 200-day moving average price is C$24.99.
Insider Activity
In related news, Senior Officer John Andrew Cooney sold 3,300 shares of the stock in a transaction that occurred on Friday, March 28th. The shares were sold at an average price of C$23.74, for a total transaction of C$78,354.87. Corporate insiders own 69.49% of the company's stock.
Leon's Furniture Company Profile
(
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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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