Leon’s Furniture (OTCMKTS:LEFUF) Shares Up 1.6% – Should You Buy?

Leon’s Furniture Limited (OTCMKTS:LEFUFGet Free Report)’s share price rose 1.6% on Monday . The stock traded as high as $17.75 and last traded at $17.75. Approximately 3,776 shares changed hands during trading, an increase of 66% from the average daily volume of 2,278 shares. The stock had previously closed at $17.47.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on LEFUF shares. Royal Bank Of Canada reissued 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 research note on Monday, May 11th. Three investment 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, Leon’s Furniture has an average rating of “Moderate Buy”.

Read Our Latest Report on Leon’s Furniture

Leon’s Furniture Trading Up 1.6%

The company has a 50 day simple moving average of $18.41 and a 200-day simple moving average of $19.55.

Leon’s Furniture Company Profile

(Get Free Report)

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.

Further Reading

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