Leatt (OTCMKTS:LEAT) Stock Passes Below Fifty Day Moving Average – Time to Sell?

Leatt Co. (OTCMKTS:LEATGet Free Report)’s stock price passed 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 trading hands.

Leatt Trading Up 1.6 %

The firm has a market cap of $44.53 million, a P/E ratio of -14.33 and a beta of 1.30. The company’s fifty day moving average price is $7.38 and its two-hundred day moving average price is $7.55.

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

Leatt Company Profile

(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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