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

Shares of Leatt Co. (OTCMKTS:LEATGet Rating) 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.

Leatt Trading Down 2.6 %

The firm’s fifty day moving average price is $23.01 and its 200 day moving average price is $23.84. The stock has a market capitalization of $118.00 million, a price-to-earnings ratio of 8.33 and a beta of 1.71.

Leatt (OTCMKTS:LEATGet Rating) last released its earnings results 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.

Further Reading

Receive News & Ratings for Leatt Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Leatt and related companies with MarketBeat.com's FREE daily email newsletter.