Leatt Co. (OTCMKTS:LEAT – Get Free Report) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totalling 100 shares, a drop of 95.2% from the December 15th total of 2,100 shares. Based on an average daily trading volume, of 6,900 shares, the days-to-cover ratio is currently 0.0 days.
Leatt Trading Up 1.6 %
Shares of LEAT traded up $0.12 during midday trading on Monday, reaching $7.17. The stock had a trading volume of 226 shares, compared to its average volume of 906. The firm has a 50 day simple moving average of $7.38 and a 200-day simple moving average of $7.56. The firm has a market cap of $44.56 million, a PE ratio of -14.33 and a beta of 1.30. Leatt has a one year low of $5.50 and a one year high of $11.00.
Leatt (OTCMKTS:LEAT – Get Free Report) last announced its quarterly earnings results on Tuesday, October 29th. The company reported $0.02 earnings per share for the quarter. Leatt had a negative return on equity of 8.20% and a negative net margin of 7.54%. The firm had revenue of $12.14 million for the quarter.
About Leatt
Leatt Corporation designs, develops, markets, and distributes personal protective equipment for participants of motor sports and leisure activities worldwide. The company offers Leatt-Brace system, an injection molded neck protection system designed to prevent injuries to the cervical spine and neck.
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