Leifras Co., Ltd. – Sponsored ADR’s (NASDAQ:LFS) Lock-Up Period To Expire on April 7th

Leifras’ (NASDAQ:LFS) lock-up period will expire on Tuesday, April 7th. Leifras had issued 1,250,000 shares in its public offering on October 9th. The total size of the offering was $5,000,000 based on an initial share price of $4.00. After the expiration of Leifras’ lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

Wall Street Analysts Forecast Growth

LFS has been the subject of a number of research analyst reports. Weiss Ratings started coverage on Leifras in a report on Monday, January 5th. They set a “sell (e)” rating for the company. Wall Street Zen raised Leifras from a “hold” rating to a “buy” rating in a research note on Sunday, January 25th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Leifras has an average rating of “Sell”.

Leifras Price Performance

LFS stock opened at $2.39 on Tuesday. The firm has a market cap of $59.53 million and a PE ratio of 47.80. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.14 and a current ratio of 1.15. The stock’s 50 day moving average is $2.53. Leifras has a 1 year low of $1.58 and a 1 year high of $12.49.

Leifras (NASDAQ:LFS) last posted its earnings results on Thursday, March 12th. The company reported $0.03 earnings per share for the quarter. The company had revenue of $16.05 million for the quarter.

About Leifras

Headquartered in Shibuya-ku, Tokyo, we are a sports and social business company dedicated to youth sports and community engagement. We primarily provide services related to the organization and operations of sports schools and sports events for children. Building upon our experience and know-how in sports education, we also operate a robust social business sector, dispatching sports coaches to meet various community needs. At the core of our operations is the children’s sports school business. When we refer to a sports school, it refers to a series of courses and programs that we offer to teach a sport, instead of a physical location.