Leon’s Furniture Limited (TSE:LNF) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$22.71 and traded as high as C$23.06. Leon’s Furniture shares last traded at C$23.06, with a volume of 20,205 shares traded.
Separately, BMO Capital Markets raised their target price on shares of Leon’s Furniture from C$25.00 to C$28.00 and gave the stock a “na” rating in a report on Monday, August 16th.
The company has a market capitalization of C$1.85 billion and a price-to-earnings ratio of 10.18. The company has a quick ratio of 0.62, a current ratio of 1.13 and a debt-to-equity ratio of 45.91. The business has a 50-day moving average price of C$23.61 and a 200-day moving average price of C$22.74.
In other Leon’s Furniture news, Senior Officer Gregory Paul Nakonechny sold 13,648 shares of the company’s stock in a transaction dated Friday, September 3rd. The shares were sold at an average price of C$24.55, for a total transaction of C$334,991.52. Following the completion of the sale, the insider now directly owns 3,538 shares of the company’s stock, valued at C$86,840.56.
About Leon’s Furniture (TSE:LNF)
Leon's Furniture Limited, together with its subsidiaries, operates as a retailer of home furnishings, mattresses, appliances, and electronics in Canada. The company also operates as a commercial retailer of appliances to builders, developers, hotels, and property management companies. In addition, it offers household furniture, electronics, and appliance repair services; and credit insurance products.
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