Leon’s Furniture (TSE:LNF) Reaches New 1-Year Low – Should You Sell?

Leon’s Furniture Limited (TSE:LNFGet Free Report)’s stock price hit a new 52-week low during trading on Thursday . The company traded as low as C$23.25 and last traded at C$23.36, with a volume of 13689 shares changing hands. The stock had previously closed at C$23.60.

Leon’s Furniture Trading Down 0.9%

The company has a 50-day moving average of C$24.29 and a 200 day moving average of C$26.08. The company has a debt-to-equity ratio of 38.77, a current ratio of 1.53 and a quick ratio of 0.53. The company has a market cap of C$1.61 billion, a PE ratio of 10.40 and a beta of 1.16.

Leon’s Furniture (TSE:LNFGet Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported C$0.29 earnings per share (EPS) for the quarter. The business had revenue of C$557.15 million for the quarter. Leon’s Furniture had a return on equity of 12.69% and a net margin of 6.06%. Analysts predict that Leon’s Furniture Limited will post 2.2104466 earnings per share for the current year.

Insider Activity at Leon’s Furniture

In related news, insider Darci Marie Walker purchased 1,500 shares of the stock in a transaction that occurred on Friday, May 15th. The stock was bought at an average cost of C$24.00 per share, for a total transaction of C$36,000.00. Following the completion of the transaction, the insider directly owned 2,500 shares in the company, valued at C$60,000. This represents a 150.00% increase in their ownership of the stock. Also, insider Lewis Mark Leon acquired 1,500 shares of the company’s stock in a transaction on Wednesday, May 13th. The shares were purchased at an average cost of C$24.40 per share, with a total value of C$36,600.00. Following the completion of the purchase, the insider directly owned 116,026 shares of the company’s stock, valued at C$2,831,034.40. This trade represents a 1.31% increase in their ownership of the stock. In the last three months, insiders have bought 4,320 shares of company stock worth $104,915. Corporate insiders own 69.49% of the company’s stock.

About Leon’s Furniture

(Get Free Report)

Leon’s Furniture Ltd is a Canada-based retailer which is involved in the sale of home furnishing, mattresses, appliances, and electronics. The firm is also the country’s commercial retailer of appliances to builders, developers, hotels, and property management companies. It generates maximum revenue from sales of goods by corporate stores.

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