Leifras Co., Ltd. – Sponsored ADR’s (NASDAQ:LFS) Lock-Up Period To Expire Tomorrow

Leifras’ (NASDAQ:LFS) lock-up period is set to end on Tuesday, April 7th. Leifras had issued 1,250,000 shares in its public offering on October 9th. The total size of the offering was $5,000,000 based on an initial share price of $4.00. After the expiration of the company’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on LFS. Wall Street Zen upgraded Leifras from a “hold” rating to a “buy” rating in a research note on Sunday, January 25th. Weiss Ratings assumed coverage on Leifras in a research note on Monday, January 5th. They issued a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Leifras Stock Performance

NASDAQ LFS opened at $2.46 on Monday. Leifras has a 1 year low of $1.58 and a 1 year high of $12.49. The business’s fifty day moving average price is $2.50. The company has a current ratio of 1.15, a quick ratio of 1.14 and a debt-to-equity ratio of 0.17. The company has a market cap of $61.28 million and a P/E ratio of 49.20.

Leifras (NASDAQ:LFS) last announced its earnings results on Thursday, March 12th. The company reported $0.03 EPS for the quarter. The firm had revenue of $16.05 million during the quarter.

Leifras Company Profile

Headquartered in Shibuya-ku, Tokyo, we are a sports and social business company dedicated to youth sports and community engagement. We primarily provide services related to the organization and operations of sports schools and sports events for children. Building upon our experience and know-how in sports education, we also operate a robust social business sector, dispatching sports coaches to meet various community needs. At the core of our operations is the children’s sports school business. When we refer to a sports school, it refers to a series of courses and programs that we offer to teach a sport, instead of a physical location.