Leatt (OTCMKTS:LEAT) Share Price Passes Above 50-Day Moving Average of $6.83

Leatt Co. (OTCMKTS:LEATGet Free Report) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $6.83 and traded as high as $7.51. Leatt shares last traded at $7.51, with a volume of 2,250 shares trading hands.

Leatt Price Performance

The company has a market capitalization of $46.67 million, a price-to-earnings ratio of -44.18 and a beta of 1.34. The business has a 50 day simple moving average of $6.83 and a 200 day simple moving average of $7.72.

Leatt (OTCMKTS:LEATGet Free Report) last announced its earnings results on Friday, August 9th. The company reported ($0.16) earnings per share for the quarter. The business had revenue of $10.08 million for the quarter. Leatt had a negative return on equity of 2.56% and a negative net margin of 2.32%.

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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