Leatt (OTCMKTS:LEAT) Posts Quarterly Earnings Results

Leatt (OTCMKTS:LEAT) issued its quarterly earnings results on Thursday. The company reported $0.08 earnings per share (EPS) for the quarter, Zacks reports. Leatt had a net margin of 3.51% and a return on equity of 4.90%.

Leatt Stock Performance

Shares of LEAT traded down $2.20 during mid-day trading on Thursday, hitting $10.00. 38,730 shares of the company’s stock were exchanged, compared to its average volume of 3,414. The company has a market cap of $62.18 million, a price-to-earnings ratio of 33.33 and a beta of 1.00. Leatt has a fifty-two week low of $5.01 and a fifty-two week high of $14.50. The stock’s 50-day moving average is $12.16 and its 200-day moving average is $10.03.

About Leatt

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.