Leatt (OTCMKTS:LEAT) Share Price Passes Below 50 Day Moving Average of $23.01

Leatt Co. (OTCMKTS:LEATGet Rating) shares passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $23.01 and traded as low as $20.25. Leatt shares last traded at $20.25, with a volume of 4,672 shares changing hands.

Leatt Price Performance

The company has a market cap of $119.45 million, a PE ratio of 8.44 and a beta of 1.71. The business’s 50 day moving average price is $22.95 and its 200-day moving average price is $23.80.

Leatt (OTCMKTS:LEATGet Rating) last posted its quarterly earnings data on Thursday, August 11th. The company reported $0.44 earnings per share (EPS) for the quarter. The company had revenue of $17.94 million for the quarter. Leatt had a net margin of 17.22% and a return on equity of 49.26%.

About Leatt

(Get Rating)

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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