Leatt (OTCMKTS:LEAT) Stock Passes Below Two Hundred Day Moving Average – Here’s Why

Leatt Co. (OTCMKTS:LEATGet Free Report) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $7.43 and traded as low as $5.01. Leatt shares last traded at $5.73, with a volume of 16,815 shares trading hands.

Leatt Stock Performance

The company has a market cap of $35.63 million, a price-to-earnings ratio of -11.46 and a beta of 1.11. The firm’s 50-day moving average price is $7.09 and its 200 day moving average price is $7.43.

Leatt (OTCMKTS:LEATGet Free Report) last issued its quarterly earnings data on Friday, March 28th. The company reported ($0.07) earnings per share (EPS) for the quarter. The company had revenue of $11.20 million for the quarter. Leatt had a negative return on equity of 8.20% and a negative net margin of 7.54%.

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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