Leatt (OTCMKTS:LEAT) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

Leatt Co. (OTCMKTS:LEATGet Free Report)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $7.43 and traded as low as $5.01. Leatt shares last traded at $5.73, with a volume of 16,815 shares.

Leatt Trading Down 12.1 %

The company has a market capitalization of $35.63 million, a P/E ratio of -11.46 and a beta of 1.11. The firm’s 50 day moving average price is $7.09 and its two-hundred day moving average price is $7.42.

Leatt (OTCMKTS:LEATGet Free Report) last released its earnings results on Friday, March 28th. The company reported ($0.07) earnings per share for the quarter. Leatt had a negative net margin of 7.54% and a negative return on equity of 8.20%. The business had revenue of $11.20 million during the quarter.

Leatt Company Profile

(Get Free Report)

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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