Leon’s Furniture (OTCMKTS:LEFUF) Shares Up 0.5% – Here’s Why

Leon’s Furniture Limited (OTCMKTS:LEFUF)’s share price shot up 0.5% during trading on Thursday . The stock traded as high as $20.77 and last traded at $20.77. 135 shares changed hands during trading, a decline of 92% from the average session volume of 1,791 shares. The stock had previously closed at $20.66.

Wall Street Analysts Forecast Growth

Several research firms recently commented on LEFUF. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Leon’s Furniture in a report on Monday, August 11th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Leon’s Furniture in a report on Friday, August 8th. Finally, National Bankshares reaffirmed an “outperform” rating on shares of Leon’s Furniture in a report on Friday, August 8th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Leon’s Furniture currently has an average rating of “Moderate Buy”.

Leon’s Furniture Trading Up 0.5%

The business has a 50-day simple moving average of $20.98 and a 200-day simple moving average of $19.30.

About Leon’s Furniture

Leon’s Furniture Limited, together with its subsidiaries, operates as a retailer of home furnishings, mattresses, appliances, and electronics in Canada. It operates in two segments, Leon’s and The Brick. The company provides repair services for household furniture, electronics, and appliances; home office products; warranties; and credit insurance products, including life, dismemberment, disability, critical illness, and involuntary unemployment.