Leatt (OTCMKTS:LEAT) Stock Crosses Below Fifty Day Moving Average – Here’s Why

Leatt Corp. (OTCMKTS:LEATGet Free Report)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $12.44 and traded as low as $11.84. Leatt shares last traded at $11.84, with a volume of 2,689 shares changing hands.

Leatt Price Performance

The company has a market cap of $73.64 million, a PE ratio of 39.47 and a beta of 1.03. The company has a 50-day moving average price of $12.44 and a two-hundred day moving average price of $9.49.

Leatt (OTCMKTS:LEATGet Free Report) last announced its earnings results on Thursday, August 7th. The company reported $0.18 EPS for the quarter. Leatt had a return on equity of 4.90% and a net margin of 3.51%.

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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