Leatt (OTCMKTS:LEAT) Shares Break Above 200-Day Moving Average – What’s Next?

Leatt Corp. (OTCMKTS:LEAT – Get Free Report) shares crossed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $10.93 and traded as high as $11.00. Leatt shares last traded at $11.00, with a volume of 5,095 shares traded.

Leatt Stock Performance

The company has a 50 day simple moving average of $11.58 and a two-hundred day simple moving average of $10.94. The firm has a market cap of $67.17 million, a PE ratio of 18.95 and a beta of 0.78.

Leatt (OTCMKTS:LEAT – Get Free Report) last announced its quarterly earnings data on Friday, August 14th. The company reported $0.14 earnings per share (EPS) for the quarter. Leatt had a return on equity of 8.52% and a net margin of 5.56%. The firm had revenue of $16.39 million during the quarter.

Leatt Company Profile

(Get Free Report)

Leatt Corporation is a South African company that designs, develops and markets protective equipment and apparel for action sports and powersports participants. Its products are sold primarily under the Leatt brand and are intended for motocross, off-road motorcycling, mountain biking and related activities.

The company’s product portfolio includes neck braces, helmets, body armor, chest protectors, knee and elbow guards, gloves, riding jerseys and pants, boots, footwear, hydration systems and other protective or performance-oriented accessories.

Further Reading

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