Leon's Furniture Limited (TSE:LNF - Get Free Report) crossed above its two hundred day moving average during trading on Thursday after an insider bought additional shares in the company. The stock has a two hundred day moving average of C$25.09 and traded as high as C$27.83. Leon's Furniture shares last traded at C$26.86, with a volume of 5,085 shares trading hands.
Analysts Set New Price Targets
Separately, BMO Capital Markets upped their target price on Leon's Furniture from C$28.00 to C$29.00 in a research note 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 data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of C$30.00.
View Our Latest Report on Leon's Furniture
Leon's Furniture Trading Down 4.0%
The company has a current ratio of 1.38, a quick ratio of 0.53 and a debt-to-equity ratio of 38.14. The firm has a market cap of C$1.85 billion, a PE ratio of 14.01 and a beta of 0.82. The firm has a fifty day simple moving average of C$26.38 and a two-hundred day simple moving average of C$25.09.
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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