Leon's Furniture Limited (TSE:LNF - Get Free Report) shares crossed above its 200-day moving average during trading on Thursday after an insider bought additional shares in the company. The stock has a 200-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 traded.
Analyst Upgrades and Downgrades
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 research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of C$30.00.
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Leon's Furniture Price Performance
The company has a fifty day simple moving average of C$26.46 and a two-hundred day simple moving average of C$25.09. The company has a debt-to-equity ratio of 38.14, a quick ratio of 0.53 and a current ratio of 1.38. The company has a market capitalization of C$1.84 billion, a price-to-earnings ratio of 13.95 and a beta of 0.82.
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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