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.

Shares of Leatt stock opened at $2.45 on Tuesday. The company has a quick ratio of 1.17, a current ratio of 2.04 and a debt-to-equity ratio of 0.02. The company has a market cap of $14.01 million, a PE ratio of 10.40 and a beta of 0.27. The business has a 50 day moving average of $2.53 and a 200 day moving average of $2.08. Leatt has a 52 week low of $1.51 and a 52 week high of $2.75.

Leatt (OTCMKTS:LEAT) last posted its quarterly earnings data on Tuesday, November 12th. The company reported $0.24 earnings per share (EPS) for the quarter. The business had revenue of $9.65 million during the quarter. Leatt had a return on equity of 14.69% and a net margin of 5.29%.

Leatt Company Profile

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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