Leatt (OTCMKTS:LEAT) Shares Break Above Two Hundred Day Moving Average – Time to Sell?

Leatt Corp. (OTCMKTS:LEAT – Get Free Report) shares crossed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $10.93 and traded as high as $11.00. Leatt shares last traded at $11.00, with a volume of 5,095 shares traded.

Leatt Stock Performance

The firm has a market capitalization of $68.42 million, a P/E ratio of 19.30 and a beta of 0.78. The firm’s 50-day moving average is $11.60 and its 200 day moving average is $10.93.

Leatt (OTCMKTS:LEAT – Get Free Report) last posted its quarterly earnings results on Friday, August 14th. The company reported $0.14 earnings per share for the quarter. Leatt had a return on equity of 8.52% and a net margin of 5.56%. The firm had revenue of $16.39 million during the quarter.

Leatt Company Profile

(Get Free Report)

Leatt Corporation is a South African company that designs, develops and markets protective equipment and apparel for action sports and powersports participants. Its products are sold primarily under the Leatt brand and are intended for motocross, off-road motorcycling, mountain biking and related activities.

The company’s product portfolio includes neck braces, helmets, body armor, chest protectors, knee and elbow guards, gloves, riding jerseys and pants, boots, footwear, hydration systems and other protective or performance-oriented accessories.

Further Reading

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