Leatt (OTCMKTS:LEAT) Stock Price Passes Above 50-Day Moving Average – Here’s Why

Leatt Corp. (OTCMKTS:LEAT)’s share price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $9.10 and traded as high as $9.3780. Leatt shares last traded at $9.3780, with a volume of 1,760 shares traded.

Leatt Stock Performance

The company has a market capitalization of $58.45 million, a PE ratio of 18.39 and a beta of 0.92. The company’s 50-day moving average is $9.10 and its 200 day moving average is $10.04.

Leatt (OTCMKTS:LEAT) last issued its earnings results on Tuesday, March 24th. The company reported $0.08 earnings per share (EPS) for the quarter. The business had revenue of $16.02 million during the quarter. Leatt had a net margin of 5.27% and a return on equity of 7.94%.

About Leatt

Leatt (OTCMKTS:LEAT) is a designer and manufacturer of protective sports gear, specializing in advanced safety equipment for high-impact activities such as motocross, mountain biking, and snow sports. The company’s product portfolio includes the patented Leatt Brace® neck protection system, impact-absorbing body armor, full-face and off-road helmets, goggles, gloves, and riding apparel. These offerings are engineered to mitigate the risk of spinal and head injuries, combining biomechanical research with lightweight materials and user-focused design.

Founded by Dr.