Leatt (OTCMKTS:LEAT) Lifted to “Hold” at ValuEngine

ValuEngine upgraded shares of Leatt (OTCMKTS:LEAT) from a sell rating to a hold rating in a research note issued to investors on Tuesday, ValuEngine reports.

LEAT stock opened at $2.45 on Tuesday. Leatt has a fifty-two week low of $1.51 and a fifty-two week high of $2.75. The business’s 50-day moving average is $2.53 and its two-hundred day moving average is $2.08. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.17 and a current ratio of 2.04. The company has a market cap of $14.01 million, a price-to-earnings ratio of 10.40 and a beta of 0.27.

Leatt (OTCMKTS:LEAT) last posted its earnings results on Tuesday, November 12th. The company reported $0.24 earnings per share for the quarter. Leatt had a return on equity of 14.69% and a net margin of 5.29%. The company had revenue of $9.65 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, an injection molded neck protection system designed to prevent injuries to the cervical spine and neck. It also provides Leatt helmet range for head and brain protection; and Leatt body armor range, including chest protectors, body protectors, back protectors, elbow guards, shoulder braces, knee braces, knee and leg guards, kidney belts, and impact shorts for use in various activities, such as horseback riding, snowboarding, skiing, and other activities.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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