Leon’s Furniture (OTCMKTS:LEFUF) Shares Up 0.3% – Here’s What Happened

Leon’s Furniture Limited (OTCMKTS:LEFUF)’s share price shot up 0.3% on Thursday . The company traded as high as $17.7940 and last traded at $17.7940. 4,335 shares changed hands during trading, an increase of 91% from the average session volume of 2,274 shares. The stock had previously closed at $17.7360.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on LEFUF. Royal Bank Of Canada restated an “outperform” rating on shares of Leon’s Furniture in a report on Monday, May 11th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Leon’s Furniture in a report on Monday, May 11th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Leon’s Furniture Stock Down 0.2%

The business’s fifty day moving average price is $18.67 and its two-hundred day moving average price is $19.84.

Leon’s Furniture Company Profile

Leon’s Furniture Ltd. is a Canadian home furnishings retailer that designs, sources and sells a broad assortment of furniture, mattresses, home décor, major appliances and home electronics. Founded in 1909 in Welland, Ontario, the company has grown from a local family business into one of Canada’s largest omni-channel home retailers. Leon’s operates an integrated network of brick-and-mortar showrooms, distribution centres and a proprietary e-commerce platform, serving residential customers across every Canadian province.

The company’s product portfolio spans living room, dining room and bedroom collections, as well as customized upholstered pieces and a wide array of household essentials.