Leatt (OTCMKTS:LEAT) Share Price Passes Above 50 Day Moving Average – Time to Sell?

Leatt Co. (OTCMKTS:LEATGet Free Report)’s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $7.16 and traded as high as $7.18. Leatt shares last traded at $7.18, with a volume of 300 shares changing hands.

Leatt Price Performance

The stock has a market capitalization of $44.66 million, a price-to-earnings ratio of -14.36 and a beta of 1.31. The business has a 50 day simple moving average of $7.16 and a 200-day simple moving average of $7.65.

About Leatt

(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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