Leatt (OTCMKTS:LEAT) Shares Pass Below 50-Day Moving Average – Here’s What Happened

Leatt Co. (OTCMKTS:LEATGet Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $7.38 and traded as low as $7.17. Leatt shares last traded at $7.17, with a volume of 226 shares changing hands.

Leatt Price Performance

The stock has a market cap of $44.53 million, a price-to-earnings ratio of -14.33 and a beta of 1.30. The business has a fifty day moving average of $7.38 and a 200 day moving average of $7.55.

Leatt (OTCMKTS:LEATGet Free Report) last announced its quarterly earnings results on Tuesday, October 29th. The company reported $0.02 EPS for the quarter. The company had revenue of $12.14 million for the quarter. Leatt had a negative net margin of 7.54% and a negative return on equity of 8.20%.

About Leatt

(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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