Leatt (OTCMKTS:LEAT) Stock Price Passes Above 50 Day Moving Average – Time to Sell?

Leatt Corp. (OTCMKTS:LEAT) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $12.46 and traded as high as $13.37. Leatt shares last traded at $13.2676, with a volume of 25,402 shares.

Leatt Trading Down 9.2%

The company has a 50 day moving average of $12.47 and a 200-day moving average of $10.77. The firm has a market capitalization of $74.64 million, a P/E ratio of 19.64 and a beta of 0.86.

Leatt (OTCMKTS:LEAT) last posted its quarterly earnings data on Friday, August 14th. The company reported $0.14 earnings per share for the quarter. Leatt had a return on equity of 9.27% and a net margin of 5.93%.

About Leatt

Leatt (OTCMKTS:LEAT) is a designer and manufacturer of protective sports gear, specializing in advanced safety equipment for high-impact activities such as motocross, mountain biking, and snow sports. The company’s product portfolio includes the patented Leatt Brace® neck protection system, impact-absorbing body armor, full-face and off-road helmets, goggles, gloves, and riding apparel. These offerings are engineered to mitigate the risk of spinal and head injuries, combining biomechanical research with lightweight materials and user-focused design.

Founded by Dr.